By TechThop Team
Posted on: 17 Aug, 2022
The tweet Elon Musk posted about buying Manchester United Football Club could land him in trouble with US regulators, despite his claims that it was just a joke.
In a tweet on Tuesday, Elon Musk said he would not be buying any sports teams, referring to a viral post suggesting that he buy Manchester United.
The world's richest man often posts provocative statements on Twitter, and Musk did it again with: 'Also, I'm buying Manchester United, you're welcome.'In reply to another tweet, Tesla and SpaceX CEO Elon Musk said he supported both major parties in the US.
In response, he was asked on the platform if he was serious about owning Manchester United, despite being embroiled in a lawsuit over his bid to buy Twitter.
In response to his original tweet, which garnered nearly 500,000 likes within hours, Musk replied, 'This is a long-running joke on Twitter. I am not buying any sports teams.'.If it had to be any team, it would be Man United. They were my favorite team when I was a kid.'
Manchester United, a world-famous club but in the midst of a prolonged slump, is owned by the Glazer family. The group has been targeted by angry fans. As a result of Musk's tweets, neither United nor its owners responded immediately.
On Tuesday, the team's shares on the New York Stock Exchange finished flat, with a market capitalization of $2.1 billion.
In spite of Musk's claim that it was a joke, his tweet may get him into trouble with US regulators. A dramatic fall from grace has brought fan fury to the Glazers. Additionally, the Americans own the Tampa Bay Buccaneers, an NFL franchise in Florida.
In recent years, United fans have protested against the team's senior management for poor performances and their participation in a plan to create a 'Super League' for Europe's richest clubs.
In last season's English Premier League, the Red Devils finished sixth. As a result of two defeats in as many games, Manchester United have endured a disappointing start to the campaign under new coach Erik ten Hag.
On August 22, United will play fierce rivals Liverpool at home, and protests against the Glazers are planned.Musk, who recently sold nearly $7 billion worth of Tesla shares, is facing a major lawsuit over the aborted purchase of Twitter that he planned to make.
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