Musk jokes about buying Manchester United, confuses market
The Tesla CEO creates hype again... then withdraws.
Tesla CEO Elon Musk escalated a Twitter debate regarding the future of Manchester United, by claiming that he is buying the Premier League club before calling the post a "long-running joke."
His views on the new coach's passing out from the back were not made clear, in addition to another debate on whether striker Cristiano Ronaldo is about to leave. However, what he did say was that if he were to buy any sports team, “it would be Man U. They were my fav team as a kid”.
For many, Musk's Tweet offered hope to fans who want the current owners out of the circle - the Glazer family, who are based in Florida.
Also, I’m buying Manchester United ur welcome— Elon Musk (@elonmusk) August 17, 2022
Purchasing Manchester United would cost Musk a minimum of $2 billion, according to current stock valuation. Musk, later on, clarified that he will not be buying any sports teams.
Manchester United's on-pitch woes have led to fans protesting against the Glazers, who bought the club in 2005 for £790m ($955.51m). The movement against the Glazers got momentum last year just after the sports club failed in attempts to separate from European Super League.
Musk's takeover prospects only aggravated the case against the Glazers, especially after he contradicted his own claims. This wouldn't be the first time Musk abandons his deals - after offering $44 billion to buy Twitter before abruptly canceling the deal in July.