FSG’s stance on Liverpool sale revealed amid Elon Musk interest
Liverpool owners Fenway Sports Group reportedly have “no appetite” to sell the club to controversial and divisive billionaire Elon Musk.
Musk was confirmed to be interested in buying Liverpool during an interview given by his father Errol Times Radio on Tuesday.
Musk Sr. was initially reluctant to comment because he would “raise the price.” But he quickly gave up when pressed further, babbling about the family’s history in Liverpool and how they knew “several Beatles” personally because his mother was born in the city.
But Elon Musk, who was a ground-breaking investor in Tesla – now CEO – and famously bought Twitter for $44bn, seems unlikely to own Liverpool.
In response to an interview on his own radio platform, The Times later reported that FSG was not interested in selling Liverpool, nor had there been any contact between Musk and the John W. Henry-led group about such matters. Reds bosses also have “no desire” to enter into any discussions and do not take Musk’s father’s comments seriously.
Sky Sports he further backed this up on Wednesday morning, stating that Liverpool was considered “not for sale” and that there had been “no approaches” from Musk or anyone else.
Despite his apparent historical family connection to Liverpool, Musk has previously claimed that Manchester United was his “favourite team” growing up, even joking that he was buying the club in 2022.
FSG, whose sports portfolio began with the Boston Red Sox, completed a £300m takeover to buy the club from unpopular former owners Tom Hicks and George Gillett in 2010. Over the past 15 years, Liverpool they returned to the very top of English and European football.
The Reds were named world champions the fourth most valuable football club per Forbes in 2024, behind only Real Madrid, Manchester United and Barcelona, worth an estimated £4.3 billion. Such an amount would be a drop in the bucket for South African-born Musk, whose incredible personal fortune is estimated at around £340 billion, though that’s not a big deal.
FSG has sought outside investment in Liverpool relatively recently, selling a small minority stake to American sports investment firm Dynasty Equity for between £82m and £164m in 2023. That money was primarily used to pay off bank debt, with the owners never wanting to relinquish majority control.