It comes as the billionaire Tesla CEO faces a legal battle in the U.S. after backing out of a deal to buy Twitter for $44 billion. — The Associated Press
LONDON — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several hours later that it was a joke.
That came as shocking news in the Manchester United world — albeit welcome to many — after nearly a decade of sub-par performances. Musk previously ran afoul of the U.S. Securities and Exchange Commission for tweets claiming that he had the funding to take Tesla private in 2018, leading the electric vehicle maker’s stock price to jump. That led to a securities fraud settlement requiring his tweets be approved by a Tesla attorney before being published.
Musk, with his seemingly unlimited potential to buy the best soccer players in the world, would have been a welcome prospect for many Man United fans who want to see the club back at the top of the game. Many supporters in the club’s huge international fanbase have opposed the Glazers since they took control in 2005, in part because they financed the takeover by putting the club in debt for the first time in decades.
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