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Home»Sports»Elon Musk ‘interested’ in buying Liverpool but club not for sale and owners FSG have received no offers | Football News
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Elon Musk ‘interested’ in buying Liverpool but club not for sale and owners FSG have received no offers | Football News

EditorBy EditorJanuary 7, 2025No Comments4 Mins Read
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Liverpool are not for sale and their owners Fenway Sports Group (FSG) have not received any approaches for the club amid links to Elon Musk.

Errol Musk, the father of the world’s richest man, claimed his son would be interested in buying the Reds, although no offers have been made.

FSG, who purchased the team for £300m in 2010, have previously looked for outside investment but a full sale has never been considered.

When asked if his son would be interested in purchasing Liverpool, Musk’s father told Times Radio: “I can’t comment on that. They’ll raise the price.”

When pushed for an answer, he added: “Oh, yes. But that doesn’t mean he’s buying it.

“He would like to yes, obviously. Anybody would want to – so would I.”

Last May, Forbes rated Liverpool the fourth most valuable club, with an estimated value of £4.3bn.

However, that amounts to just over one per cent of Musk’s total net worth, which is believed to be around £340bn.

His father went on to speak about Musk’s family links to the city of Liverpool, which could explain the rumoured interest.

He said: “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.

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

Elon Musk pictured with Red Bull Racing team principal Christian Horner
Image:
Elon Musk pictured with Red Bull Racing team principal Christian Horner

Could Elon Musk buy Liverpool?

Sky Sports News chief reporter Kaveh Solhekol:

“Liverpool are not for sale. The owners have not received any offers or approaches from anyone, including Elon Musk or any members of his family.

“It is true to say that around two-and-a-half years ago, Liverpool’s owners were looking for some outside investment but nothing came out of those talks.

“A couple of years ago John Henry, the owner of FSG, came out and said the club was not for sale. He also said they would not own Liverpool forever but there is no indication, at the moment, that they are interested in selling the club whatsoever.

“If he really wanted to buy Liverpool, nothing would stop him apart from Liverpool fans. The first hurdle would be to convince Liverpool’s owners to sell the club, we know everything has its price.

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“We know Elon Musk is the richest man in the world but he would need to pass the Premier League’s owners and directors test.

“He’s a controversial figure but if you look at the test, he would have a good chance of passing it. He would then need to clear the hurdle of an independent football regulator, if we were to have one. He has so much money he can probably do what he wants.

“The problem he would have is with Liverpool supporters because everybody knows they are a club rooted in the community. They have supporters who believe in social justice, equality and diversity. I’m not sure if those fans would accept someone like Elon Musk as the owner of their club.”

Liverpool’s current ownership situation

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Slot on contracts

Liverpool boos, Arne Slot steering clear of social media and headlines around his players contracts and performances, instead focussed on improving ahead of Spurs

Last year Liverpool posted a pre-tax loss of £9m, after which managing director Andy Hughes said: “Operating this great club in a financially sustainable manner and in accordance with football’s governing principles has been our priority since FSG acquired LFC in 2010.”

Last season’s results are due next month and a year without Champions League football is likely to mean another squeeze on finances.

In February 2023 principal owner Henry moved to quash speculation about a sale, saying: “Will we be in England forever? No. Are we selling LFC? Have we sold anything in the past 20+ years?”

Later that year FSG sold a minority stake to US investment firm Dynasty Equity, at which time president Mike Gordon said FSG’s long-term commitment to Liverpool “remains as strong as ever”.

The club are currently in a contract impasse with three of their key players, with Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold – their three highest earners – all having deals that expire in the summer.



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