Finnish businessman Thomas Zilliacus bids to buy Manchester United

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Finnish businessman Thomas Zilliacus has confirmed he has submitted a bid to buy Manchester United&period;<&sol;p>&NewLine;<p>Zilliacus&comma; founder and chairman of investment company Mobile FutureWorks&comma; heads the third group to have publicly declared interest in a club takeover after Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani&period;<&sol;p>&NewLine;<p>The Finn wants to buy United in a 50-50 partnership with their fans&comma; who will have a say in the decision-making process at the Premier League club&period;<&sol;p>&NewLine;<p>Zilliacus said on Twitter&colon; &OpenCurlyDoubleQuote;I have put in a bid to buy Manchester United together with the fans&comma; who will have equal say on all sporting matters&period; No more sheiks and oligarchs controlling football&excl;”<&sol;p>&NewLine;<p>A deadline for offers had been set for 9pm on Wednesday and that has been extended after INEOS founder Ratcliffe and Sheikh Jassim&comma; the chairman of Qatar Islamic Bank and the son of a former Qatari prime minister&comma; confirmed they would submit second&comma; improved bids&period;<&sol;p>&NewLine;<p>Zilliacus said his offer is based on United having a current market value of &OpenCurlyDoubleQuote;just under 3&period;9 billion US dollars” &lpar;£3&period;17bn&rpar;&period;<&sol;p>&NewLine;<p>In a statement&comma; he said&colon; &OpenCurlyDoubleQuote;Any sport club ultimately should belong to its fans&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The current development&comma; where billionaire sheiks and oligarchs take over clubs and control them as their personal playgrounds is not a healthy trend&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The current market value of the club is just under 3&period;9 billion US dollars&period; That means that if every one of the fans of the club would join in buying the club&comma; the total sum per fan would amount to less than six US dollars &lpar;£4&period;87&rpar;&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;My bid is built on equality with the fans&period; My group will finance half of the sum needed to take over the club&comma; and will ask the fans&comma; through a new company that is being set up for this specific purpose&comma; to participate for the other half&period;”<&sol;p>&NewLine;<p>Zilliacus&comma; former chairman of Finnish football team HJK Helsinki and ex-owner of ice hockey club Jokerit&comma; said every fan who joins his bid will have access to an app which they can use to vote &OpenCurlyDoubleQuote;when deciding on footballing matters relating to the club”&period;<&sol;p>&NewLine;<p>He added&colon; &OpenCurlyDoubleQuote;No decisions will be taken that are not supported by a majority of the fan base&period;”<&sol;p>&NewLine;<p>A first round of bidding took place last month and it has been reported there are as many as eight separate potential investors&period;<&sol;p>&NewLine;<p>No figures have been revealed but one or more of the initial bids were reportedly in the region of £4&period;5bn&period;<&sol;p>&NewLine;<p>The Glazers acquired the club for £750million in a highly-leveraged deal in 2005&period; After a controversial reign&comma; they announced they were seeking &OpenCurlyDoubleQuote;strategic alternatives” that could include a sale last year&period;<&sol;p>&NewLine;<p>Ratcliffe&comma; who made an unsuccessful bid to buy Chelsea in 2022&comma; visited Old Trafford last week&period;<&sol;p>&NewLine;<p>The 70-year-old Ratcliffe was born in the Manchester area and is a boyhood United fan&period; He is one of the richest people in Britain with an estimated personal fortune of £6bn&period;<&sol;p>&NewLine;<p>Sheikh Jassim has said his interest is a private initiative through his Nine Two Foundation and is not connected to the Qatari state&period;<&sol;p>&NewLine;<p>His representatives also visited Old Trafford last week for talks&comma; which were understood to be positive and constructive&period;<&sol;p>&NewLine;<p>Until now&comma; little or nothing is known of other potential bidders&comma; while it has been reported that US hedge fund Elliott Management has made a proposal that would involve offering finance to either new bidders or the Glazers&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed5d8f89905">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; 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