Monday, April 15, 2024
HomeSportsQatar gets competition: Elon Musk

Qatar gets competition: Elon Musk

Elon Musk, the second richest man in the world, wants to enter the world of soccer. The founder of Tesla and the current owner of the social network Twitter is eager to continue expanding his business empire: He is seriously considering entering the bid for Manchester Unitedimproving the offer of Qatar to the current owners of the club.

It was already rumored in the summer about Musk’s possible interest in Manchester United: the tycoon published a tweet in which he assured that he was going to buy the team from Old Trafford. It was a joke more of the billionaire, who used to do this kind of thing on Twitter.

After the commotion, a few hours later, he assured that he would never buy a sports team. Of course, on his day he also said that he would not buy Twitter and in October 2022 he closed a historic agreement to keep the bird’s social network. Will it happen with football too?

Offer of 4,500 million pounds

The offer prepared by the American magnate, according to the English newspaper the sunIt is £4.5 billion, which would make Manchester United the most expensive sports club in history. For a few days, Qatar has appeared as the favorite to take over the club that is currently owned by the Glazer family. The Americans put United up for sale in November 2022, after 17 years of being its owners and many sporting problems in the last decade, since the withdrawal of Sir Alex Ferguson.

Everything indicates that before Friday, the Glazers will close the offer period for the sale of the entity that will close with some stratospheric capital gains: the Americans bought United in 2005 for about 1 billion pounds and they will sell it for four times as much.

Despite the sporting problems and having gone ten years without winning a Premier League, The Manchester United brand remains one of the most important in the world of football. The legendary Old Trafford club remains, along with the real Madrid and the Barcelonaone of the three most valuable teams from an economic point of view, and its future sale will be proof of this.

Money will not be a problem for Elon Musk. The South African tycoon has a net worth of £157 billion: is the second richest person on the planet, according to Forbesafter the French bernard arnault, CEO of Louis Vuitton. Musk’s arrival in the world of soccer could mean a revolution in the king of sports. A quirky, controversial and innovation-obsessed character, he fired much of Twitter’s staff after his arrival: a United buyout could turn the 20-time English champion club upside down.

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