The speculation surrounding the ownership situation at Liverpool has increased of late, and Elon Musk might look to take over from the FSG.
There have been rumours that the FSG could look to sell Liverpool and move on. According to a recent update by Sky Sports, tech billionaire Elon Musk is now interested in buying Liverpool, although the Merseyside club is not for sale right now.
Musk is one of the richest and powerful men in the world, and it will be interesting to see if he can convince FSG to sell the club. FSG have been heavily criticised over the years for the lack of spending and inability to act on time. Musk could solve that problem and turn Liverpool into a more competitive club in the coming seasons.
Meanwhile, Musk’s father Errol Musk has hinted that Elon would like to buy the club valued at £4.3 billion. Musk’s total net worth is believed to be around £340 billion, and therefore, he will be able to afford the Premier League club easily. Here at The Hard Tackle, we look at three reasons why selling the club to Musk could transform Liverpool’s fate in a good way.
Resources
Elon Musk is one of the richest men on the planet. So, Liverpool will certainly benefit from increased investment if he takes over. Having a rich owner would allow them to invest in quality players and improve their squad. They will be able to build a formidable squad and challenge for trophies.
Current owners FSG have been heavily criticised for the lack of spending, and that could change under a new owner. Liverpool have not been able to bring in proven stars because of their limited transfer budget every year.
In addition, they have not been able to offer premium wages to keep their players as well. Players like Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold will be free agents at the end of the season, and Liverpool are yet to agree on an extension with them.
The Reds have not been able to offer a premium contract to three of their best players. Apart from signing top-class players, Liverpool will be in a better position to keep them at the club for the long term under Musk.
Family ties
Current owners Fenway Sports Group have often been criticised for being too mechanical as owners. The American organisation do not have any connection to Liverpool as a city or the club. They are often absent during games, and there is no sense of attachment between the owners and the club.
On the other hand, Elon Musk has family ties with the city. His grandmother was born in Liverpool, and Musk has relatives in the city. His father explained that they are attached to the city as a family. Having an owner with family ties at Liverpool could be a positive for the club.
Errol Musk said, “His grandmother was born in Liverpool, and we have relatives in Liverpool, and 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.”
Start of a fresh cycle
Regardless of their deficiencies, one cannot completely overlook some of the good work FSG have done since taking over. They have rebuilt the club sustainably while making Liverpool competitive on a shoestring budget. In addition, they have brought in the right managers who have steered the club to greater heights. However, their initial cycle has now ended with the departure of Jurgen Klopp last summer. Liverpool are on a new adventure with Arne Slot, and having a new ownership in place with more resources could prove to be quite exciting for the club.
With a stable and effective structure already in place, the takeover could be smooth right now. FSG would be able to make a substantial profit on their investment as well, and the new owner would not have to rebuild the club from the ground up.
Liverpool are one of the biggest clubs in the world, and they are one of the biggest teams in the country right now. The Reds have a formidable squad, and they are already pushing for major trophies every season. A takeover could help them climb to greater heights and compete with the elite clubs financially as well. It will be interesting to see how the situation unfolds over the next few months.
