Sports
Elon Musk considers buying Man United
Elon Musk is among the many parties set to make a formal bid for Manchester United as the deadline to make offers approaches.
According to Daily Mail, the tech-billionaire is believed to be monitoring the situation closely, and wondering if there is an opportunity at Old Trafford that he should not miss.
The Red Devils were put up for sale by their owners, the Glazer family, last November and formal bids must be submitted by Friday for The Raine Group, the bank overseeing the transaction, to assess.
Musk, the second richest man in the world, according to Forbes, has an enormous net worth of £157billion
United’s American owners reportedly wanted to sell between £6bn and £8bn but according to reports a bid up to £4.5bn could be enough to purchase the club.
If Musk decides to make a move at purchasing, he would be facing stiff competition from Saudi Arabian and Qatari investors as well as Britain’s richest man and the chief executive of INEOS, Sir Jim Ratcliffe, who announced in January that he is attempting to take control of the club he supports.
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