Sports

Liverpool respond to Elon Musk bid

Liverpool owners Fenway Sports Group have firmly rejected any prospect of selling the club to Elon Musk, following claims from the billionaire’s father that his son would be interested in buying the Merseyside giants.

FSG insiders have confirmed they have received no approach from the world’s richest man and maintain no interest in discussing a potential sale, report The Times.

The stance comes after Errol Musk told Times Radio his son “would like to” purchase the Premier League club, sparking widespread speculation about a possible takeover by the Tesla and X owner.

In the radio interview, Errol Musk was initially hesitant to discuss his son’s interest, stating: “I can’t comment on that, they’ll raise the price!”

When pressed further, he confirmed: “Oh, yes. But that doesn’t mean he’s buying it. He would like to yes, obviously. Anybody would want to – so would I.”

The elder Musk cited family connections to Liverpool as a factor behind the interest.

“His grandmother was born in Liverpool, and we have relatives in Liverpool, and we were fortunate to know quite a lot of the Beatles because they grew up with some of my family,” he explained.

“So, we are attached to Liverpool, you know.”

FSG’s position on ownership has remained consistent, with Liverpool’s principal owner John W Henry dismissing sale speculation in February 2023.

“Will we be in England forever? No. Are we selling LFC? Have we sold anything in the past 20+ years?” Henry stated at the time.

While FSG did sell a minority stake to US investment firm Dynasty Equity in 2023, the group’s president Mike Gordon emphasised their “long-term commitment to Liverpool remains as strong as ever.”

The American owners have overseen Liverpool’s return to the summit of English football and an expansion of Anfield, though some fans have criticised their spending levels.

Liverpool are currently valued at £4.3 billion, making them the fourth most valuable club in the world.

However, such a purchase would represent just over one per cent of Musk’s total net worth, estimated at £340 billion.

Despite Musk’s vast wealth and the family’s claimed Liverpool connections, FSG sources indicate there is no appetite to entertain any discussions.

The club’s owners view the radio interview claims as lacking seriousness and have no interest in pursuing talks with the controversial billionaire.

Liverpool recently posted a loss of £9 million, which remains relatively modest compared to their major rivals.

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Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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