08-17-2022, 10:53 AM
WASHINGTON – Elon Musk tweeted yesterday evening that he is purchasing the Manchester United football club, although it was not clear if the eccentric billionaire, currently embroiled in a lawsuit over his bid to buy Twitter, was being serious.
The 51-year-old Tesla and SpaceX CEO, who has a habit of posting provocative statements on social media for fun, said: “Also, I’m buying Manchester United, you’re welcome,” in a reply to an earlier tweet about supporting both of America’s two major political parties.
Manchester United, a storied English football club, is currently led by the six children of late American businessman Malcolm Glazer, who took a controlling stake in the franchise in 2005.
Shares of the team listed on the New York Stock Exchange are down year to date, but ended yesterday flat, with a market capitalization of US$2.1 billion (RM9.4 billion).
The Glazer family also owns the Tampa Bay Buccaneers, an NFL franchise in Florida.
There was no immediate reaction from the club or its owners to Musk’s tweet.
Manchester United fans have protested the team’s management for poor performance in recent years, as well as their involvement in a plan to start a new “Super League” of Europe’s richest teams.
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