The tech-billionaire, who boasts an estimated personal fortune of £157 billion ($190bn), is said to be keeping an eye on events at Old Trafford ahead of a deadline for bids that has been set by the Glazer family for Friday, February 17. There has been no official word from the Musk camp regarding his supposed interest in a possible deal for the Premier League heavyweights, but the Daily Mail claim that he is keen.
There has been much speculation about the potential takeover of Manchester United, one of the most iconic football clubs in the world. According to reports, “dozens” of parties have entered into confidentiality agreements that allow them access to the “data room” of information regarding a potential acquisition of the club.
Some of the interested groups are from Saudi Arabia and America, while there is also said to be strong interest from Qatar. However, one name that has caught the attention of many is Elon Musk, the 51-year-old South Africa-born business magnate and CEO of SpaceX and Tesla. Musk has hinted in the past that he would like to buy United, stating on Twitter in August 2022 amid protests against the Glazers that he was “buying Manchester United ur welcome”. While his comments were made in jest, he later added, “Although, if it were any team, it would be Man U. They were my fav team as a kid.”
Sir Jim Ratcliffe, Britain’s richest man, is another of those looking into a deal for the Red Devils. As a boyhood United supporter, Ratcliffe has been linked with the club before and is said to be a serious contender for a potential takeover. The British billionaire is the owner of INEOS, one of the world’s largest chemicals companies, and has a net worth estimated at around £18 billion.
It’s no secret that Manchester United has been a subject of takeover rumors for many years. With its rich history, massive global fan base, and lucrative revenue streams, the club is an attractive investment opportunity for many wealthy individuals and groups. Should a takeover bid be successful, it could potentially bring about significant changes in the club’s ownership structure, management team, and long-term strategy.
While a takeover of this magnitude can be a complex and lengthy process, the fact that several high-profile individuals and groups are actively looking into it is a clear indication of the level of interest and excitement around the potential deal. Manchester United has already seen many changes over the years, and a new ownership could bring about a new chapter in the club’s storied history.