Fenway Sports Group, who acquired the Reds in 2010, have previously explored external investment, but a complete sale has never been a serious consideration. However, Errol Musk was questioned about whether his son had his sights set on Anfield.
"I can't comment on that. They'll raise the price," he informed Times Radio. When pressed on whether Elon would want to buy Liverpool, Musk Sr. added: "Oh, yes. But that doesn't mean he's buying it. He would like to, yes, obviously. Anybody would want to – so would I."
Last May, Forbes ranked Liverpool as the fourth most valuable football club, with an estimated worth of £4.3 billion. However, this represents just over 1% of Elon Musk's total net worth, estimated to be around £343 billion.
The elder Musk explained that the interest stemmed partly from a family connection to the city. "His grandmother was born in Liverpool, and we have relatives in Liverpool, and we were fortunate to know quite a lot of the Beatles because they grew up with some of my family," he added. "So, we are attached to Liverpool, you know."
FSG have faced frequent criticism from some fans for their perceived lack of investment in the team. Last year, the club reported a pre-tax loss of £9 million, after which managing director Andy Hughes stated: "Operating this great club in a financially sustainable manner and in accordance with football's governing principles has been our priority since FSG acquired LFC in 2010."
The financial results for last season are due next month, and a year without Champions League football is likely to result in further financial constraints. In February 2023, principal owner John W Henry addressed speculation about a sale, saying: "Will we be in England forever? No. Are we selling LFC? Have we sold anything in the past 20+ years?" Later that year, FSG sold a minority stake to US investment firm Dynasty Equity, at which time president Mike Gordon said FSG's long-term commitment to Liverpool "remains as strong as ever."
The club is currently in a contract stalemate with three of their key players, Mohamed Salah, Virgil van Dijk, and Trent Alexander-Arnold – their three highest earners – all have contracts expiring in the summer.