Liverpool owners Fenway Sports Group reportedly have “no appetite” to sell the club to controversial billionaire Elon Musk.
Musk was confirmed to be interested in buying Liverpool in an interview given by his father, Errol, to Radio Times Tuesday.
Musk Sr was initially reluctant to comment because “they’re going to raise the price.” But he quickly backed down when pressed on the subject, raving about the family’s Liverpool history and how they personally knew “quite a few Beatles” because his mother was born in the city.
But the likelihood that Elon Musk, who was a core investor in Tesla – now chief executive – and who bought Twitter for $44 billion, would become owner of Liverpool seems almost non-existent.
In response to the interview on their own radio platform, The times later reported that FSG was not interested in selling Liverpool and that there had been no contact between Musk and the group led by John W. Henry on the matter. The heads of the Reds also have “no desire” to engage in discussions and do not take Musk’s father’s comments seriously.
Aerial sports further backed this up on Wednesday morning, stating that Liverpool are considered “not for sale” and that there have been “no approaches” from Elon Musk or anyone else.
Despite the apparent historic family connection to Liverpool, Musk has previously claimed that Manchester United was his “favorite team” growing up, even joking that he was buying the club in 2022.
FSG, whose sporting portfolio began with the Boston Red Sox, completed a £300m buyout to buy the club from unpopular former owners Tom Hicks and George Gillett in 2010. Over the past 15 years, Liverpool have returned to the top of English and European football. .
The Reds have been named the fourth most valuable football club in the world by Forbes in 2024, behind Real Madrid, Manchester United and Barcelona, worth an estimated £4.3 billion. Such an amount would be a drop in the ocean for South African-born Musk, whose staggering personal fortune is estimated at around £340 billion, although that is far from the point.
FSG had been seeking investment from outside Liverpool relatively recently, selling a small minority stake to US sports investment firm Dynasty Equity for between £82 million and £164 million in 2023. This money was mainly used to repay the bank debt and the owners never wanted to give up the majority. control.
