Manchester United bought by Elon Musk? Billionaire sows doubt before admitting a joke

“ManU”, listed on the New York Stock Exchange for ten years, has a market capitalization of $2.08 billion. The stock, which closed steady at $12.78 (+0.08%) on Tuesday, lost 2.11% in electronic trading after the close.

Although none of the shareholders owns a controlling stake, Manchester United is controlled by the six children of American businessman Malcolm Glaser, who took over the company in 2005.

ManU is one of the most famous clubs in the world, but they are in a serious crisis of results and are under the wrath of their many fans on social networks.

The Red Devils were humiliated 4-0 at Brentford last Saturday to find themselves in an unworthy last place in the Premier League after two defeats in two matches.

The club’s management had already faced violent protests from fans last April when they wanted to participate in a European Super League breakaway plan that was eventually cancelled.

The Red Devils, along with 5 other English clubs, 3 Spanish and 3 Italian clubs, wanted to create a rival European Champions League tournament, an initiative that caused strong political and sporting protests, as well as strong reactions from the respective clubs’ supporters. .

As for Elon Musk, he recently sold almost $7 billion worth of shares in his automotive group Tesla while he is in the midst of a legal battle over his failed Twitter takeover.

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