- The father of billionaire Elon Musk says that Musk is looking into purchasing Liverpool Football Club of the English Premier League.
- Liverpool has been owned by Fenway Sports Group since October 2010.
- Musk, the world’s richest person, is worth almost $425 billion.
Elon Musk is a busy man. Musk aided Donald Trump’s successful election campaign for the US presidency, and he also owns X (formerly Twitter) and Tesla, among many other ventures.
It appears as though Musk is now looking to get into the sports business. It is reported that his father confirmed Musk will try to purchase Liverpool Football Club from Fenway Sports Group.
Liverpool at Top of Musk’s List as Billionaire Aims to Get into Sports
On January 4, 2025, it was reported that Musk wanted to launch a bid of £6 billion to buy Liverpool. Musk is aiming to expand his fortunes in the United Kingdom, and wanted to buy a football club. Liverpool is one of the biggest football clubs in Europe, not just England, so it’s no surprise that he is aiming high.
But on January 7, the news cycle clicked into high gear as Musk’s father, Errol, confirmed his son’s interest in buying Liverpool in a radio interview. When asked, Errol claimed:
"I can’t comment on that, they’ll raise the price! Oh yes, [he has expressed a desire], but that doesn’t mean he’s buying it."
Errol continued:
"His grandmother was born in Liverpool, and we have relatives in Liverpool, and we were fortunate to know quite a few of the Beatles because they grew up with some of my family. So, we are attached to Liverpool, you know."
Liverpool, as well as its stadium, Anfield, has been owned by Fenway Sports Group since October 2010. There is no word on whether FSG is even interested in selling Liverpool. But they did sell a minority stake to US-based Dynasty Equity in September 2023. This would help them pay off debt that the club picked up during the pandemic, as well as Anfield renovations and other ventures.
Would Musk Buying Liverpool Help the Club?
You should be able to wager on Musk’s prospects to buy Liverpool very soon at the best sports betting sites. Musk is, to say the least, a polarizing individual. However, he has the financial strength to buy the club at whatever price FSG could name. While they might not be interested in selling, if Musk came with a massive number, it would be tough to turn down.
Musk also has the finances to back the club in the transfer market. Liverpool has always been behind the likes of Manchester City in the transfer market, although they’re intelligent with their player purchases. For every Darwin Núñez (€85 million) and Naby Keïta (€60 million), there is Virgil van Dijk (€84.6 million), Alisson (€62.5 million), Fabinho (€45 million), Alexis Mac Allister (€42 million), Mohamed Salah (€42 million), and Sadio Mané (€41 million).
But with Musk owning the club, Liverpool could compete with Manchester City, and even Real Madrid, in the transfer market. Politics and personality aside, it could be a boost to Liverpool in a sport where money is increasingly ruling all aspects.
Of course, there is nothing set in stone, but it is definitely a development worth watching to see if Musk can add Liverpool to his extensive business portfolio.