Elon Musk says he was joking about buying Manchester United

Elon Musk’s tweets about potential acquisitions have landed him in hot water with US regulators in the past. (AFP)
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Updated 17 August 2022
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Elon Musk says he was joking about buying Manchester United

  • ‘No, this is a long-running joke on Twitter. I’m not buying any sports teams’
  • Elon Musk has a history of being unconventional and posting irreverent tweets

 Elon Musk, the world’s richest person, said early on Wednesday that he was joking when he tweeted hours previously that he was going to buy currently struggling English football club Manchester United.

“No, this is a long-running joke on Twitter. I’m not buying any sports teams,” Musk posted when asked by a user if he was serious about buying the club. “Although, if it were any team, it would be Man U,” he added, “they were my fav (sic) team as a kid.”

Musk originally tweeted: “I’m buying Manchester United ur (sic) welcome,” without offering any details. Some Manchester United fans, disgruntled by their club’s declining fortunes of late, had previously urged Musk on Twitter to consider buying the club.

The tweet turnaround comes as Musk seeks to exit a $44 billion agreement to buy Twitter only four months after announcing on the platform he would buy the social media company, which has taken him to court.

Musk has a history of being unconventional and posting irreverent tweets, making it difficult sometimes to tell when he is joking.

“Next I’m buying Coca-Cola to put the cocaine back in,” he tweeted on April 27, two days after Twitter’s board accepted his unsolicited offer to buy the company.

Referring back to that post, on Wednesday he tweeted: “And I’m not buying Coca-Cola to put the cocaine back in, despite the extreme popularity of such a move.”

Musk’s tweets about potential acquisitions have landed him in hot water with US regulators in the past.

In 2018, he tweeted that there was “funding secured” for a $72 billion deal to take Tesla private, but did not move ahead with an offer. Musk and Tesla each paid $20 million civil fines — and Musk stepped down as Tesla’s chairman — to resolve US Securities and Exchange Commission (SEC) claims that Musk defrauded investors.

The SEC did not immediately respond to a request for comment on Musk’s tweet that he was buying the club outside usual business hours.

Musk’s ambitions range from colonizing Mars to creating a new sustainable energy economy, and in the process he has built the most valuable car company in the world, electric vehicle maker Tesla, rocket company SpaceX, and a slew of smaller firms. One is a tunnel maker called the Boring Company.

Manchester United is one of the most famous names in world football but is currently in crisis on the field amid angry calls from fans for the club’s current owners, the American Glazer family, to pull out.

Clamour from fans and pundits for a change of ownership at the three-time winners of the European Cup, the most prestigious club competition in the global game, is intensifying amid a lengthening run without winning major titles.

British newspaper The Daily Mirror reported last year that the Glazers, who have faced widespread fan opposition to their stewardship since acquiring the club in 2005 for 790 million pounds ($957 million), were prepared to sell but only if they were offered in excess of 4 billion pounds.

In its annual rankings this year, Forbes rated Manchester United, with its huge global fanbase, the third most valuable football club in the world, worth $4.6 billion, behind only Spanish giants Real Madrid and Barcelona.

But shares in the New York-listed football club have slid a quarter in the past 12 months, valuing it at just over $2 billion. The stock has rebounded in the past month, gaining 16 percent to close at $12.78 on Tuesday.

The northern England-based team has more than 32 million followers on its main Twitter account and Musk’s first tweet about the club had garnered more than 430,000 ‘likes’ on the platform within five hours.

Musk, who is worth $270 billion, according to Forbes, could certainly afford to buy the club.

Last week, filings revealed that Musk had sold $6.9 billion worth of Tesla shares, which he said could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.

In total, Musk has sold about $32 billion worth of Tesla stock in less than a year partly to pay tax obligations and finance a Twitter deal.

Musk and his lawyer did not immediately respond to Reuters’ request for comment on his original Twitter post before his message that he had been joking. The Florida-based Glazer family did not immediately respond to requests for comment.


Eala storms to victory over world No. 8 Jasmine Paolini in Dubai

Updated 21 sec ago
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Eala storms to victory over world No. 8 Jasmine Paolini in Dubai

  • Filipino favorite claims her first top-10 scalp, beating Italian opponent in front of a raucous crowd at Dubai Duty Free Tennis Stadium
  • Australian Open champion Rybakina returns to her adopted home city and makes light work of Australia’s Kimberly Birrell

DUBAI: Roared on by a rapturous Kabayan-majority crowd, Filipino sensation Alexandra Eala overpowered world No. 8 Jasmine Paolini 6-1, 7-6(5) at the Dubai Duty Free Tennis Championships on Tuesday night.

Eala, 20, secured her first career win against a top-10 player and set up a last-16 clash with Romanian veteran Sorana Cirstea.

With John Lennon’s “Imagine” playing quietly in the nearby Irish Village pre-match, Eala’s supporters were happy to dream.

Eala is the highest-ranked Filipina in history at world No. 47. With considerable talent, mental strength, and a determination that saw her edge a tiebreak against a vastly more experienced opponent, the girl from Quezon City looks destined to see her dreams fulfilled.

With her right thigh heavily bandaged, Eala showed little early signs of discomfort. Paolini, who enjoyed strong support here during her 2024 title win, seemed to feel the sold-out crowd were not wishing her quite so well this time.

Eala appeared to sense it too, immediately giving her supporters plenty reason to cheer, breaking her opponent twice in quick succession to go 5-1 up before serving out the set to kick-start wild celebrations.

As good as Eala was, Paolini hit seven unforced errors in the opening set, and let her chin sink further into her chest as every error was greeted with cheers.

“I think today I came out on fire,” said Eala. “She’s a great opponent obviously being top 10. To be able to compete with her at this level is a great achievement for me.

“She is an incredible fighter, to be sure, but I was very focused and I was able to maintain that throughout the whole match. Every time the opportunity arose, I tried my best to be brave and go for my ball.”

In the second set, with Eala 5-3 up, a comfortable straight-sets win looked certain. However, the Filipina failed to convert three match points in the ninth game before failing to serve out the contest in the 10th.

Paolini rallied to take the match to 6-5 and even twice had the chance to force a third set but also failed to capitalize. In the resultant tiebreak, Eala upped her level once more to secure a monumental career win.

Cue raucous celebrations both inside the 5,000-capacity stadium and outside in the tennis village, where Filipinos had congregated to watch on beanbags surrounded by the nation’s flags and signs reading “Laban Alex!” (“Fight Alex!”) and “Let’s go Alex!”

“I looked up and there were Filipinos for days,” Eala said, smiling. “It’s really such a blessing to be able to play in these sorts of atmospheres.

“I am really privileged and thankful that I’m able to introduce this new sporting world, women’s tennis, to a new demographic. I think they’re really enjoying it and I hope it will inspire young girls and women of all ages to take up sports.”

Eala will return to center court on Wednesday when she faces Cirstea, who earlier in the day beat Linda Noskova 6-1, 6-4.

“She’s a very experienced player and physically very fit,” said Eala of the Romanian. “I’m excited. Everybody at this stage really wants to continue and I’m not an exception to that.”

Earlier in the evening, another popular figure in Dubai enjoyed strong support. Elena Rybakina, resident in the emirate and taking to the main stage for the first time since winning last month’s Australian Open, looked at ease beating Australian qualifier Kimberly Birrell.

Racing to a 5-0 lead in 20 minutes, the Kazakh, 26, dropped just one point across the first three games and looked imperious as she closed out the opening set 6-1.

Birrell was unable to deal with Rybakina’s powerful serve, and a delicateness at the net that left her opponent stretching and shuttling, but ultimately always coming up short.

“To return well is an important part of the game,” said Rybakina.

“Sometimes I have days when it is really working well for me and some days it is more difficult, it also depends a lot on the opponent. Where I have the best control is my serve because no one is playing to you, it’s your pace.”

The No. 1 seed this week, Rybakina went on another five-game winning run in the second set to open a 5-1 lead. Birrell, more than 90 places below her in the WTA World Rankings, held serve in the seventh, but two-time Grand Slam winner Rybakina served for the match to win 6-1, 6-2.

“I’m happy I stayed solid and won this in straight sets,” the 2022 Wimbledon champion said. “I spend so much time in Dubai that it feels like home.

“A lot of people who work here (at this tournament) always say, ‘Welcome back’ and ‘Welcome home’ so it always feels nice. It’s a really nice atmosphere on the court, and I always get a lot of support, so it’s great to play here. I would love to have a little bit longer here with maybe a day between.”

Rybakina’s next opponent will be lucky loser Antonia Ruzic, who has completed three back-to-back three-set battles to reach the last 16, including Monday’s epic win over British No. 1 Emma Raducanu.

“I don’t know much about her,” said Rybakina of Ruzic. “I have never played against her, so I will need to talk to my team and do the usual routine.”

Two-time Dubai winner Elina Svitolina also progressed to the last 16 and will now face Belinda Bencic, also on Wednesday. Ukrainian Svitolina, champion here in 2017 and 2018, moved through after Dubai-based Paula Badosa retired at the start of the second set having lost the first 4-6.