Liverpool’s owners Fenway Sports Group are reportedly unwilling to sell the club to controversial and polarizing billionaire Elon Musk.
Musk’s interest in buying Liverpool was confirmed by his father Errol in an interview with Times Radio on Tuesday.
Musk Sr. was initially reluctant to comment, saying “the price will go up.” However, when pressed further on the issue, he quickly relented, citing his family’s history in Liverpool and that his family knew “quite a few Beatles” personally, as his mother was born there. He spoke passionately about it.
However, the possibility that Elon Musk, a first-tier Tesla investor and current CEO who famously bought Twitter for $44 billion, becomes Liverpool’s owner seems almost non-existent. It seems to me.
The Times later said in an interview on its radio platform that FSG had no interest in selling Liverpool and that there had been no contact between Mr Musk and the John W. Henry-led group on such matters. It was reported that there was no such thing. Reds leaders also have “no desire” to weigh in on the discussion and are not taking Musk’s father’s comments seriously.
Sky Sports further backed this up on Wednesday morning, saying Liverpool were deemed to be “not for sale” and there had been “no approaches” from Musk or anyone else.
Despite an apparent historical family connection to Liverpool, Musk has previously claimed Manchester United were his “favorite team” as a child and is set to buy the club in 2022. He even joked that he meant it.
John W. Henry has been Liverpool’s chief owner since 2010/Michael Regan/Getty Images
FSG’s sports portfolio began with the Boston Red Sox, but it was completed in 2010 when it bought the club from unpopular former owners Tom Hicks and George Gillett for £300m. Over the past 15 years, Liverpool have returned to the top of English and European football. .
The Reds were named by Forbes as the world’s fourth most valuable football club in 2024, behind Real Madrid, Manchester United and Barcelona, with an estimated value of £4.3bn. For South African-born Musk, such sums are just a drop in the ocean. His staggering personal wealth is thought to be around £340bn, but that’s beside the point.
FSG has been exploring external investment in Liverpool relatively recently, selling a minority stake to American sports investment firm Dynasty Equity in 2023 for between £82m and £164m. The funds were primarily used to pay off bank debts, and the owners never wanted to give up a majority stake. control.
