Liverpool owner Fenway Sports Group rejects possibility of Elon Musk buying Premier League team – Blogging Sole

Businessman Errol Musk has claimed that his son, billionaire Elon Musk, is interested in buying Liverpool FC, although there is no indication that Fenway Sports Group is looking to sell or that Musk has made an offer.

Musk’s apparent interest in Premier League executives comes more than a year after FSG accepted outside investment from US private equity firm Dynasty, which acquired a minority stake in Liverpool in September 2023. The Dynasty deal marked the end of almost a year of FSG’s search for additional shareholders, with FSG chairman Mike Gordon saying at the time that their “long-term commitment to Liverpool remains as strong as never,” quashing rumors that the American sports conglomerate was looking to sell.

That didn’t stop British tabloid Sunday Sport from publishing a story this weekend alleging that the Tesla CEO was preparing to buy Liverpool from FSG. Errol Musk was asked about the subject and said the purchase was something his son was interested in, although he did not suggest an offer was imminent.

“Oh yes, but that doesn’t mean he buys it,” he said in a statement Tuesday. interview with Times Radio. “He would love to, yes, obviously. Anyone would want it – me too.

The Musks have a family connection to the city of Liverpool, Errol Musk has said, which would influence Elon Musk’s potential interest in the Premier League executives.

“(Elon Musk’s) 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 attached to Liverpool,” said Errol Musk. added.

It is not yet clear how serious Elon Musk’s interest in Liverpool is. Young Musk’s net worth is estimated at $416.8 billion, by Forbeswhich would likely make him rich enough to become a majority shareholder, but there are also questions about the scale of the investment he could make.

Liverpool is currently valued at $5.37 billion, according to Forbes, making it the fourth most valuable soccer club in the world and the 27th most valuable sports team.

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