Finnish entrepreneur Thomas Zilliacus's move to buy Manchester United has been dismissed as a publicity stunt by rival bidders.
Zilliacus claimed he has submitted a proposal to buy United, which would see him purchase half of the club, with the other 50 per cent funded by fans.
The 69-year-old, founder and chairman of the social media NovaM Group, presented the bold proposal to the Raine Group, the US merchant bank handling the sale of United. But the bid has been dismissed as unworkable and not a serious proposal by rival bidders, who believe only a complete takeover of the club by a single buyer will persuade the Glazers to sell.