Elon Musk To Buy Manchester United In A £4.5Bn Deal
Elon Musk To Buy Manchester United In A £4.5Bn Deal
Elon Musk, the CEO of Tesla and the second-richest person in the world, is apparently thinking about making a surprise takeover bid for Manchester United.
The Glazers stated in November that they would be open to hearing proposals for either a share in or an outright purchase of the Premier League powerhouses.
Several companies have expressed interest in purchasing United, which may be bought for 4.5 billion, setting a record price for a sports franchise.
Interest comes from the Far East, Middle East, and United States with Raines Group, the merchant bank, tasked with the sale.
British billionaire Sir Jim Ratcliffe, who happens to be a Man Utd fan, is also keen.
According to the Daily Mail, Twitter, and Tesla owner Musk has declared an interest to buy the club.
Musk, 51, who’s worth a reported 157billion, is one of a select few who could afford to buy the Red Devils. He is second only to Bernard Arnault, the CEO, and chair of luxury goods company LMVH, worth a reported 156m.
Musk is believed to be monitoring the situation closely following the listing of United.
