Elon Musk’s father, Errol Musk, has hinted that the billionaire entrepreneur is interested in acquiring Liverpool Football Club (LFC). In an interview with UK Times Radio, Errol suggested that Musk, the owner of Tesla, SpaceX, and X (formerly Twitter), might want to invest in the six-time European champions.
When asked if his son was considering buying the Merseyside club, Errol initially declined to comment, saying, “I can’t comment on that. They’ll raise the price.” After further probing, he added: “Oh, yes. But that doesn’t mean he’s buying it. He would like to, yes. Anybody would want to, so would I.”
Backing his statement, Errol highlighted the Musk family’s ties to Liverpool, stating, “His grandmother was born in Liverpool, and we have relatives in Liverpool. We were fortunate to know quite a lot of the Beatles because they grew up with some of my family. So, we are attached to Liverpool, you know.”
Liverpool FC’s Current Ownership
Liverpool FC is owned by Fenway Sports Group (FSG), which purchased the club for £300 million in 2010. Although FSG has not indicated plans to sell the club outright, it has welcomed external investment in the past. In September 2023, FSG sold a minority stake to U.S.-based investment firm Dynasty Equity, emphasizing its focus on securing partners rather than potential buyers.
“Our long-term commitment to Liverpool remains as strong as ever,” FSG President Mike Gordon said at the time. “We have always said that if there is an investment partner that is right for Liverpool, we would pursue the opportunity to ensure the club’s long-term financial resiliency and growth.”
Liverpool, valued at £4.3 billion by Forbes in May 2024, ranks as the fourth most valuable football club globally. The reported valuation represents just over 1% of Musk’s estimated £340 billion net worth.
Industry Reactions
Kaveh Solhekol, Sky Sports News’ chief reporter, dismissed the possibility of a Musk takeover, noting that Liverpool FC is not for sale and FSG has received no offers from Musk or anyone else.
“It’s true that, around two-and-a-half years ago, Liverpool’s owners were exploring outside investment, but nothing materialized. John Henry, FSG’s owner, stated clearly that the club is not for sale. While FSG won’t own Liverpool forever, there’s no indication that they are interested in selling at the moment,” Solhekol explained.
Solhekol acknowledged Musk’s financial capacity to manage the club but pointed out potential hurdles, including passing the Premier League’s owners and directors test and gaining the trust of Liverpool’s community-focused supporters.
“Liverpool fans value social justice, equality, and diversity. I’m not sure if those fans would accept someone like Elon Musk as the owner of their club,” he added.
Musk’s Expanding Influence
Elon Musk’s influence has grown significantly in recent years. Following the 2024 U.S. elections, Musk was appointed co-leader of the Department for Government Efficiency (“DOGE”) by President-Elect Donald Trump. The role aims to cut government waste and streamline federal operations, further elevating Musk’s prominence.
Musk, ranked by Forbes as the world’s richest person with a valuation of $424.9 billion, has also been a major contributor to Trump’s campaign. Analysts believe his involvement in government roles could benefit his businesses, particularly in areas like artificial intelligence and cryptocurrency.
“It’s clear that Musk will have a massive role in the Trump White House, with his reach extending across many federal agencies. The benefits for Musk and Tesla far outweigh any negatives,” said equity analyst Daniel Ives.
For now, any potential involvement of Elon Musk with Liverpool FC remains speculative, as FSG continues to focus on maintaining its long-term vision for the club.