Finnish businessman Thomas Zilliacus bids to buy Manchester United
Finnish businessman Thomas Zilliacus has confirmed he has submitted a bid to buy Manchester United.
Zilliacus, founder and chairman of investment company Mobile FutureWorks, heads the third group to have publicly declared interest in a club takeover after Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani.
The Finn wants to buy United in a 50-50 partnership with their fans, who will have a say in the decision-making process at the Premier League club.
I have put in a bid to buy Manchester United together with the fans, who will have equal say on all sporting matters. No more sheiks and oligarks controlling football! #Manchester_United #ManchesterUnited #ManUnited
— Thomas Zilliacus (@TZilliacus) March 23, 2023
Zilliacus said on Twitter: “I have put in a bid to buy Manchester United together with the fans, who will have equal say on all sporting matters. No more sheiks and oligarchs controlling football!”
A deadline for offers had been set for 9pm on Wednesday and that has been extended after INEOS founder Ratcliffe and Sheikh Jassim, the chairman of Qatar Islamic Bank and the son of a former Qatari prime minister, confirmed they would submit second, improved bids.
Zilliacus said his offer is based on United having a current market value of “just under 3.9 billion US dollars” (£3.17bn).
In a statement, he said: “Any sport club ultimately should belong to its fans.
“The current development, where billionaire sheiks and oligarchs take over clubs and control them as their personal playgrounds is not a healthy trend.
“The current market value of the club is just under 3.9 billion US dollars. That means that if every one of the fans of the club would join in buying the club, the total sum per fan would amount to less than