Elon Musk Claims To Be Buying The Football Club Manchester United – Truth, Or Jest?

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Last Updated on August 18, 2022 by Bitfinsider

Elon Musk is stirring up controversy on Twitter once more after announcing his plans to buy Manchester United, a well-known football team. The unexpected information was announced late Tuesday night over Twitter by the eccentric CEO of Tesla and SpaceX.

Source: Twitter

The 51-year-old billionaire is currently embroiled in a contentious legal battle with Twitter over his unexpected withdrawal from the $44 billion acquisition.

Elon Musk has filed a counterclaim against Twitter, stepping up his legal battle against the social media giant over his attempt to renegotiate the multibillion-dollar agreement.

Elon Musk Is Undeterred By The Twitter Lawsuit Saga

The world’s richest person declared last month that he was canceling the transaction and that Twitter had broken the terms of the deal by inflating the number of fake accounts on its platform.

It was unclear whether Elon Musk intended to really pursue a buyout contract with Manchester United given his penchant for making irreverent tweets.

The American Glazer family, who also owns the NFL’s Tampa Bay Buccaneers and owns Manchester United (Joel and Avie Glazer are co-chairmen), took some time to respond to a request for comment.

One of the biggest sporting organizations in the world, Manchester United, has struggled in recent years. The Premier League team hasn’t won a championship cup since 2013, and their supporters routinely rise up in protest against the club’s owners. World-class athletes including Cristiano Ronaldo, Harry Maguire, and Marcus Rashford are on the team.

Manchester United started the season off this month with a 2-1 loss to Brighton before being blanked by Brentford last weekend in a 4 to 0 loss.

The Glazer family paid 790 million pounds ($955.5 million) for Manchester United in 2005. According to Forbes, the club is worth roughly $4.6 billion. As of Tuesday’s end, Man United had a market value of $2.08 billion.

Social Media Appears To Pays Attention To What The Billionaire Says

Tesla sold 75% of its Bitcoin holdings, which by the end of 2021 would have been worth close to $2 billion. The corporation claimed that $936 million in Bitcoin sales were used to purchase traditional currency.

Elon Musk has contributed to major price fluctuations in the last year for cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE). One of the most well-known proponents of cryptocurrency, his social media remarks frequently stimulate significant trading activity.

In the meantime, reactions to Elon Musk’s buyout news spread quickly on social media:

Source: Twitter
Source: Twitter

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Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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