Errol Musk, father of billionaire Elon Musk, has suggested that his son would be interested in purchasing Liverpool FC, although he clarified that this does not necessarily mean a sale is imminent. Fenway Sports Group (FSG), the current owners of Liverpool, has expressed interest in external investment in the past but has not seriously entertained a full sale of the club. When asked about the possibility of Elon Musk acquiring the club, Errol Musk acknowledged the appeal, stating that his son would like to buy Liverpool, but added that this does not mean it will happen.
Musk’s interest in Liverpool is partly driven by a family connection to the city. Errol Musk explained that his mother was born in Liverpool, and the family has relatives in the city. Additionally, the Musk family has ties to the Beatles, as some of Errol’s relatives grew up with the famous band. This connection to Liverpool, coupled with the club’s global stature, makes it an attractive prospect for Elon Musk, although his wealth far exceeds the value of the club.
Forbes recently estimated Liverpool’s value at £4.3 billion, making it the fourth most valuable football club in the world. However, this figure is just a small fraction of Elon Musk’s estimated net worth, which stands at around £343 billion. While the financials suggest that Musk could easily afford the club, the decision to buy would likely depend on various factors, including FSG’s willingness to sell and the financial sustainability of the deal.
Liverpool fans have expressed frustration with FSG in recent years, particularly due to perceived underinvestment in the squad. Despite the club’s success on the pitch, including winning major trophies, some supporters have criticized the owners for not spending more in the transfer market. Last year, Liverpool posted a pre-tax loss of £9 million, which was attributed to various factors, including the financial impact of not qualifying for the Champions League.
The club’s financial outlook remains uncertain, with the upcoming financial results expected to reflect another challenging year, particularly due to the absence of Champions League football. FSG has faced increasing scrutiny over their approach to managing the club’s finances, with some fans calling for greater investment in the team. In February 2023, FSG’s principal owner, John W. Henry, dismissed speculation about a potential sale of Liverpool, stating that the club was not for sale and that FSG had no intention of selling. However, in the same year, FSG did sell a minority stake to US investment firm Dynasty Equity, signaling their openness to external investment.
Despite the challenges, FSG has reiterated its long-term commitment to Liverpool, with president Mike Gordon emphasizing that the group’s dedication to the club remains strong. However, with key players such as Mohamed Salah, Virgil van Dijk, and Trent Alexander-Arnold entering the final year of their contracts, the club faces important decisions regarding its future. The contract situations of these players, who are among the highest earners at the club, could have significant implications for the team’s performance and financial stability.
While Elon Musk’s potential involvement with Liverpool remains speculative, the connection between his family and the city, along with the club’s global profile, suggests that there could be interest in the future. However, any potential sale would depend on a variety of factors, including FSG’s plans and the financial viability of such a move.
