Elon Musk was rumoured to be interested in buying Manchester United when the club went up for sale but it appears he has decided against the opportunity.
The future ownership of Manchester United is still the subject of much speculation as the Glazers weigh up selling their prized asset. Elon Musk was credited with an interest in buying the club earlier in the takeover process but it now appears the Tesla founder will not be pursuing the opportunity with Sir Jim Ratcliffe and Sheikh Jassim Bin Hamad Al Thani to publically announced their intention to buy the club.
Here Express Sport takes a look at his reported interest and why it appears he will not pursue the chance to purchase the club for himself…
Talk that Musk would eventually launch a bid for United began last August with the 51-year-old jokingly tweeting that he was buying the club as discontent against the Glazers grew. He quickly clarified that he was not being serious but that did not deter speculation given the American has also claimed they were his favourite team when he was growing up.
When the Glazers announced they were considering selling the club in November, Musk’s name was inevitably linked given his previous comments and considerable fortune. However, it appears he has decided against making any serious attempt.
Sheikh Jassim and Ratcliffe appear to be the frontrunners after publically announcing they had made initial bids ahead of the Raine Group’s soft deadline last month leaving Musk far down the news agenda.
The takeover saga has significantly developed over the course of the last week with Richard Arnold and the Raine Group holding talks with Skeikh Jassim’s representatives before Ratcliffe and his people did the same on Friday.
The Qatari has already confirmed that he will bid again in the next week with Sky Sports reporting that he is ‘ready to overpay’ in order to secure the asset. Ratcliffe is also expected to bid again as the race for the keys to Old Trafford hots up.
Not all parties have publically announced their interest with the Telegraph reporting that as many as eight parties are still in talks over the future of United’s ownership. However, it is highly unlikely that Musk is in that number with the American holding no serious interest in actually buying the club.
In fact, the Twitter supremo appears to have no real interest in ever owning a sports team. While admitting the his August claim that he would buy United was a joke, he also said he would not look to buy any clubs. It remains to be seen whether or not this is something he will look to do in the future but he currently has his hands quite full with Twitter, Tesla and SpaceX.