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Elon Musk is said to be considering making a bid for Manchester United.
Elon Musk has already enraged Manchester United fans, despite his initial takeover ‘offer’.
Musk, the world’s second richest person, is said to be considering an official bid for the Premier League giants. The soft deadline for offers has been set for Friday. It was with interested parties required to register their interest with the Raine Group by then.
There are other potential suitors, but Sir Jim Ratcliffe. He is the richest man in Britain and CEO of INEOS. He is the only one to have openly expressed interest so far. Ratcliffe will face competition from a group of Qatari investors, the country’s Emir, and consortiums or individuals based in Saudi Arabia and the United States.
Musk, South African the billionaire, is also keeping an eye on the situation. The Tesla CEO has a staggering £157 billion net worth, making him one of the few people who could afford to buy the club outright.
The Glazers, United’s much-maligned owners, are thought to value the club at close to £6 billion, though a bid of £4.5 billion is expected to close the deal. Musk is said to be weighing his options and deciding whether the opportunity to buy his boyhood club is too good to pass up.
Elon Musk showing interest to Manchester United
It’s not the first time the 51-year-old businessman has been linked with an Old Trafford takeover. Back in August of last year, Musk sent United fans into a frenzy after posting “I’m buying Manchester United ur welcome” on Twitter.
The tweet quickly went viral, garnering hundreds of thousands of interactions before he clarified his position: “No, this is a long-running Twitter joke. I’m not going to buy any sports teams.”
“However, if it were any team, it would be Manchester United,” he added. As a kid, they were my favorite team.”
He has yet to comment on the new takeover rumors. But before the deadline, people won’t have to wait long to find out what his plans are. Musk and fellow billionaire Rupert Murdoch were photographed in Arizona. The time was over the weekend watching Super Bowl LVII in an executive box.
Musk’s business reputation has recently suffered as a result of his $44 billion takeover of Twitter. That which is widely regarded as an expensive blunder. Regardless, he possesses the firepower required to provide the club with the “growth” that the Glazers have stated they desire.
In November, the American family announced their intention to end their highly contentious ownership of United, confirming they were looking for “strategic alternatives for the club.”
