Elon Musk has expressed interest in buying English soccer club Liverpool, his father says
Los Angeles (AP): Elon Musk's father says his billionaire son has expressed interest in buying English soccer club Liverpool.
The Premier League club is privately owned by Fenway Sports Group, which has not indicated it wants to sell but has accepted external investment in the past.
Errol Musk, in an interview with Times Radio, acknowledged that the Tesla CEO has shown an interest in the six-time European Cup champions.
“Oh yes, but that doesn't mean he's buying it,” Errol Musk said. “He would like to, yes, obviously, anybody would want to. So would I.”
He also said: “I can't comment on that. They'll raise the price.”
When contacted by The Associated Press, a spokesperson for FSG said there was “No truth to these rumors.”
In September 2023, FSG sold a minority stake to U.S. investment firm Dynasty Equity.
At that time, FSG president Mike Gordon said: "Our long-term commitment to Liverpool remains as strong as ever. We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club's long-term financial resiliency and future growth.”
Under FSG, Liverpool has re-established itself as one of the leading clubs in Europe. The Merseyside club won its first English league title in 30 years in 2020 — one season after winning the Champions League title. It leads the Premier League and Champions League this season.
Errol Musk said they have relatives in Liverpool and that “we were fortunate enough to know quite a few of the Beatles because they grew up with us — my family."
Elon Musk has gotten himself involved in British politics since the center-left Labour Party was elected in July. Musk has used his social network, X, to call for a new election.
On Monday, Starmer condemned “lies and misinformation” that he said are undermining British democracy, in response to a barrage of attacks on his government from Musk.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
