The Limited Times

Now you can see non-English news...

Elon Musk says he will buy Manchester United

2022-08-17T05:40:54.986Z


The billionaire wrote it in a tweet published on Tuesday evening before adding "you're welcome". For the moment neither Tesla nor the club have reacted to this


After new technologies and the media, Elon Musk would be interested in sport.

The billionaire, boss of Tesla and SpaceX, in any case said in a tweet on Tuesday evening that he was buying the English football club Manchester United.

In a cryptic tweet, the wealthy entrepreneur, accustomed to unpredictable and provocative statements on the social network, said: "And I buy Manchester United, you're welcome".

It was unclear whether the world's richest businessman was serious about making a takeover bid.

Questioned by AFP, neither Tesla nor the management of the club, controlled by the Glazer family, responded immediately.

Also, I'm buying Manchester United ur welcome

— Elon Musk (@elonmusk) August 17, 2022

The English club, listed on the New York Stock Exchange for ten years, has a market capitalization of 2.08 billion dollars.

The action which had closed stable Tuesday at 12.78 dollars (+ 0.08%) lost 2.11% in electronic trading after the close.

Although no shareholder holds a majority stake, Manchester United is controlled by the six children of American businessman Malcolm Glazer, who took over the company in 2005 before passing away in 2014.

Setbacks for the club

The club's management came under heavy protest from supporters in April last year when they wanted to participate in a breakaway European Super League plan, which was eventually scrapped.

The Red Devils wanted, with 5 other English clubs, 3 Spanish and 3 Italian, to create a rival European competition of the Champions League, an initiative which had provoked strong political and sporting protests, but also strong reactions from the supporters of the clubs concerned.

Severely corrected last Saturday in Brentford (4-0), Manchester United is currently in an unworthy last place in the English Championship after two defeats in two games, far behind a successful leading duo, made up of Arsenal and Manchester City, convincing winners.

As for Elon Musk, he recently sold nearly $7 billion worth of shares in his car group Tesla, while he is in the midst of a legal battle over his failed takeover project of the social network Twitter.

Source: leparis

All sports articles on 2022-08-17

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.