Thomas Zilliacus Says Offer to Buy Manchester United Remains

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Thomas Zilliacus Says Offer to Buy Manchester United Remains


Old Trafford Stadium in Manchester (AFP Image)

But Zilliacus mentioned then his second-round supply remained on the desk forward of the deadline for third bids to be submitted on April 28.

Finnish businessman Thomas Zilliacus insisted once more Tuesday his second supply to purchase Manchester United nonetheless stands.

Zilliacus mentioned earlier this month he wouldn’t be coming into a 3rd spherical of bidding, accusing current United house owners the Glazer household of turning the method right into a “farce”.

But he said then his second-round offer remained on the table ahead of the deadline for third bids to be submitted on April 28.

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And he reiterated his position on Tuesday, saying on Twitter: “As said when I announced that I would not do a new third-round bid, I have today informed the bank handling the sale of United that my bid from round two stands. My bid does not have a cap. The final price is subject to negotiations with the sellers #ManchesterUnited #UnitedWeStand.”

Qatari banker Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani and British billionaire Jim Ratcliffe each submitted a second bid for the Premier League membership final month.

Several provides are understood to have been acquired in latest weeks however Sheikh Jassim and Ratcliffe stay the entrance runners to purchase United ought to the Glazers surrender management of the membership they purchased in 2005 for £790 million ($980 million).

United’s unpopular US-based house owners introduced in November they had been conducting a strategic evaluate, with the sale of the membership one possibility being thought of together with exterior funding.

The Qatari group has reportedly made a suggestion of about £5 billion for one hundred pc possession of the membership whereas Ratcliffe, a boyhood United fan, desires to purchase the mixed Glazer shareholding of 69 %.

US hedge fund Elliott Investment Management is known to have made a bid for a minority stake.

The Glazers’ asking value is believed to be round $6 billion — a determine that might make the 20-time English champions the most costly sports activities membership in historical past.

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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)



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