Summary:
- Elon Musk’s father reveals his son’s interest in potentially acquiring Liverpool FC, citing family connections to the city through his grandmother’s birthplace and Beatles connections.
- Liverpool FC, currently valued at £4.3 billion, represents just 1% of Musk’s £343 billion net worth, while current owners FSG recently sold minority stakes to Dynasty Equity.
- The timing is crucial as Liverpool faces contract negotiations with key players Salah, Van Dijk, and Alexander-Arnold, whose contracts expire this summer.
- FSG maintains strong commitment to Liverpool despite speculation, having transformed the club since 2010 with Premier League and Champions League victories.
Elon Musk’s potential interest in acquiring Liverpool Football Club has emerged through revelations made by his father, Errol Musk, during a recent interview with Times Radio. The world’s richest person could be eyeing one of football’s most storied institutions, currently leading both the Premier League and Champions League tables.
“Oh yes, but that doesn’t mean he’s buying it,” Errol Musk stated when asked about his son’s interest. “He would like to, yes, obviously, anybody would want to. So would I.”
The family apparently shares a deep connection to Liverpool, with Elon Musk’s grandmother, Cora Amelia Robinson, having been born in the city before relocating to South Africa. Errol Musk also claimed familial connections to The Beatles, stating that “we were fortunate enough to know quite a few of the Beatles because they grew up with us — my family.”
Currently, Fenway Sports Group (FSG) owns Liverpool FC, and their spokesperson has firmly denied these rumors, stating there is “no truth to these rumors.” FSG has demonstrated openness to external investment, as evidenced by their recent sale of a minority stake to Dynasty Equity in September 2023.
Under FSG’s stewardship, Liverpool has experienced a renaissance, securing their first Premier League title in 30 years in 2020, following their Champions League triumph in 2019. The club reported revenues of £593.8 million in 2023, positioning them as the fourth-highest earning club in the Premier League.
This isn’t Musk’s first foray into football club ownership speculation. In 2022, he previously joked about purchasing Manchester United following their defeat to Brentford. The timing of this latest development is particularly significant as Liverpool faces contract negotiations with key players Mohamed Salah, Virgil van Dijk, and Trent Alexander-Arnold, whose contracts are set to expire this summer.
The potential acquisition would represent a relatively modest investment for Musk, whose estimated net worth stands at approximately £343 billion. Liverpool’s current market value is estimated at £4.3 billion, according to recent financial assessments.
Source: theguardian
