Breaking - Elon Musk says he will not buy Manchester United

[phelans shorts]

He's a classic James Bond villain in the making.

They both are, to be fair. Bezos is the very old school Bond villain who’s trying to take over the world by force, whereas Musk is more new school trying to cause a global collapse so that he can take the reigns with his legion of Reddit weirdos backing him.

 

[Just Hope]

Thank god, last thing the club needs are more grifters.

 

[mav_9me]

After market trading close at 8pm

Fair point. My bad.

 

[spiriticon]

Buying a sports team and making/keeping them successful is generally is a loss-making venture, business wise.

Unless you are very passionate about the team, its bad business.

 

[::sonny::]

 

[ForeverRed1]

Would he just be looking to guage reaction and is actually considering it?

Stop doing it to yourself.

 

[Red Rash]

I heard one condition of the deal is the Manchester United Supporter's Trust need to change their new to the Manchester United Supporter's Klub

 

[AneRu]

Buying a sports team and making/keeping them successful is generally is a loss-making venture, business wise.

Unless you are very passionate about the team, its bad business.

I dont think so, you just need a lot of competent people in key areas and it won't lose you money. United make enough to be self sustainable and the club can maintain its value.

 

[sglowrider]

But what I suggest earlier as a 1% possibility. In his billionaire/private equity circle, maybe he may have heard that the Glazers are shopping United around. That's why this joke suddenly popped out of his head.

Well, I guess that 1% possibility and the timing of the Elon joke were right.

 

[Tarrou]

Well, I guess that 1% possibility and the timing of the Elon joke were right.

could well be

there aren't that many people you can ask to cough up billions of dollars

 

[sglowrider]

could well be

there aren't that many people you can ask to cough up billions of dollars

The Glazers must have been fishing around within the private equity circle recently and Elon got wind of it.

 

[tenpoless]

 

[::sonny::]

Thanks Elon