11/14/2024
Today from Hiiraan Online:  _
advertisements
Elon Musk says he is buying Manchester United


Wednesday August 17, 2022


Old Trafford, the host venue of Manchester United in Manchest, UK, August 7, 2022. /CFP

Tesla Chief Executive Officer Elon Musk said on Tuesday he was buying football club Manchester United Plc.

"I'm buying Manchester United ur welcome," Musk said in a tweet.

It was not immediately clear whether he planned to pursue a deal.

Manchester United, controlled by the American Glazer family, did not immediately respond to a request for comment.

The football club had a market capitalization of $2.08 billion, as of Tuesday's close.

Manchester United fans have in recent years protested against the Glazers, who bought the club for 790 million pounds ($955.51 million) in 2005, due to the team's struggles on the pitch.

The anti-Glazer movement gained momentum last year after United were involved in a failed attempt to form a breakaway European Super League.

Last week, Musk sold $6.9 billion worth of shares in Tesla, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.

Bot and spam accounts on Twitter have become a central issue in the legal fight over whether Musk must complete his $44 billion acquisition of the social media company.

(With input from agencies)



 





Click here