Business

Elon Musk Reveals Why He Might Buy $2.17 billion-worth Manchester United

Amid his struggle to terminate the acquisition of social media company, Twitter, the world’s richest man, Elon Musk, has hinted he would buy Manchester United if he decides to invest in a sport club.

Musk said his love for Manchester United, a English Premier League club, began at a very young age. He made this known after publicly disclosing on Twitter that he intends to acquire the football club.

The billionaire had tweeted on Tuesday that “I’m buying Manchester United ur welcome.”, but after the tweet generated huge reactions from his followers, and was asked if he was serious, Musk said it was a joke.

According to Musk, he has no intention of buying Manchester United, as it was a long-running Twitter joke, but the investor later disclosed that if he ever plans to acquire a club, it would be Manchester United.

READ ALSO: Elon Musk Offers To Import Raw Material From Nigeria For Tesla Vehicles

The Tesla Chief Executive Officer wrote, “No, this is a long-running joke on Twitter. I’m not buying any sports teams.” Musk posted, adding, “Although, if it were any team, it would be Man U. They were my fav team as a kid.”

Manchester United is worth $2.17 billion, according to its current market capitalisation as of the time filing this report, while Musk’s total networth is estimated at $270.1 billion.

READ ALSO: Elon Musk Makes Abdulsamad Rabiu’s Total Wealth In One Day, As Tesla Boss Gains N3.51 trillion

Musk statement comes amid is faceoff with Twitter board over his plan to withdraw from the acquisition of the social media company after agreeing a $44 billion deal. The billionaire said his terminating the deal because the company breached their contract.

However, Twitter board denied his claim, and have sued him to ensure he acquires the company as agreed.

Fakoyejo Olalekan

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