Elon Musk ‘interested’ in buying Liverpool, but the club is not for sale, and the owners of FSG have not received offers | Football news
Liverpool are not for sale and their owners Fenway Sports Group (FSG) have not received any approaches for the club due to their association with Elon Musk.
Errol Musk, the father of the world’s richest man, has claimed his son would be interested in buying the Reds, although there have been no offers.
FSG, which bought the team for £300m in 2010, had previously sought outside investment, but a full sale was never considered.
Asked if his son would be interested in buying Liverpool, Musk’s father said Times Radio: – I can’t comment on that, it will raise the price.
When pressed to answer, he added, “Oh, yes. But that doesn’t mean he believes.
“I would, yes, obviously. Anyone would—me too.”
Last May, Forbes ranked Liverpool as the fourth most valuable club, with an estimated value of £4.3 billion.
However, this amounts to just over one per cent of Musk’s total net worth, which is believed to be around £340bn.
His father went on to talk about Musk’s family ties to the city of Liverpool, which could explain the rumored interest.
He said: “His grandmother was born in Liverpool and we have relatives in Liverpool, and we were lucky enough to know quite a few Beatles because they grew up with some of my family.
“So we’re Liverpool bound, you know.”
Could Elon Musk buy Liverpool?
Sky Sports News Chief Reporter Kaveh Solhekol:
“Liverpool is not for sale. The owners have not received any offers or approaches from anyone, including Elon Musk or any member of his family.
“It’s true to say that about two-and-a-half years ago, Liverpool’s owners were looking for some outside investment, but nothing came of those talks.
“A few years ago John Henry, the owner of FSG, came out and said that the club was not for sale. He also said that he would not own Liverpool forever, but at the moment there is no indication that they are interested in selling the club whatever.
“If he really wanted to buy Liverpool, nothing would stop him except Liverpool fans. The first hurdle would be to convince the owners of Liverpool to sell the club, we know everything has a price.
“We know that Elon Musk is the richest man in the world, but he should pass the Premier League owner and director test.
“He’s a controversial figure, but if you look at the test, he’d have a good chance of passing it. Then he’d have to clear the hurdle of an independent football regulator, if we’re going to have one. He’s got so much money he can probably do whatever he wants.
“I would have a problem with Liverpool fans because everyone knows they are a club rooted in the community. They have fans who believe in social justice, equality and diversity. I’m not sure if those fans would accept someone like Elon Musk as the owner of their club.”
Liverpool’s current ownership situation
Last year, Liverpool posted a pre-tax loss of £9m, after which chief executive Andy Hughes said: “Running this great club in a financially sustainable way and in accordance with the governing principles of football has been our priority since FSG bought LFC in 2010.”
Last season’s results will be announced next month, and a year without Champions League football is likely to mean another financial squeeze.
In February 2023, principal owner Henry decided to quash speculation of a sale, saying: “Are we going to be in England forever? No. Are we selling LFC? Have we sold anything in the past 20+ years?”
Later that year, FSG sold a minority stake to US investment firm Dynasty Equity, at which time chairman Mike Gordon said FSG’s long-term commitment to Liverpool “remains as strong as ever”.
The club are currently at a contract impasse with three of their key players, with Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold – their three biggest earners – all having contracts that expire in the summer.
