Liverpool owners Fenway Sports Group reportedly have “no appetite” to sell the club to controversial and divisive billionaire Elon Musk.
Musk confirmed he was interested in buying Liverpool during an interview given by his father, Errol, to Times Radio on Tuesday.
Musk Sr was initially reluctant to comment because “they're going to raise the price.” But he quickly folded when pushed further on the matter, overflows with family history in Liverpool and how they personally knew “quite a few of the Beatles” because of his mother's birth in the city.
But the likelihood of Elon Musk, who was a ground-floor investor in Tesla – now chief executive – and bought Twitter for $44 billion, becoming the owner of Liverpool seems almost non-existent.
In response to the interview on their radio platform, The Times it was later reported that FSG are not interested in selling Liverpool, nor has there been any contact between Musk and the group led by John W. Henry on such matters. Reds executives have “no desire” to engage in any discussions and are not taking Musk's father's comments seriously.
Sky Sports It further backed this up on Wednesday morning, stating that Liverpool is considered “not for sale” and that there has been “no approach” from Musk or anyone else.
Despite the obvious historical family connection to Liverpool, Musk has previously claimed that Manchester United was his “favourite team” growing up, even joking that he was buying the club in 2022.
FSG, whose sports portfolio began with the Boston Red Sox, completed a £300m takeover 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 were named the world the fourth most valuable football club BY Forbes in 2024, behind only Real Madrid, Manchester United and Barcelona, worth around £4.3 billion. Such a sum would be a drop in the ocean for South African-born Musk, whose staggering personal fortune is thought to be in the region of £340 billion, although that is far from the tip.
FSG has been looking for outside investment in Liverpool relatively recently, selling a small minority stake to US sports investment firm Dynasty Equity for between £82m and £164m in 2023. This money was mainly used to pay off bank debt and the owners never wanted to give up majority control.