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Manchester Evening News
Manchester Evening News
Sport
George Smith

Thomas Zilliacus makes offer to rival bidders after submitting Manchester United takeover bid

Finnish businessman Thomas Zilliacus has admitted that he would welcome a joint-bid from any other interested party after submitting an offer to buy Manchester United.

The Finn, who has previously been the chairman of Finnish side HJK Helsinki, announced on Thursday that he had tabled a unique offer to try and complete a takeover of the club, saying that he would buy half of United and allow the supporters to buy the other half. He submitted his offer through XXI Century Capital, who are an investment firm owned by his holding company.

His bid comes via supporter involvement, allowing them to buy a stake in the club and have an equal say via an app. Zilliacus emerged as a late contender in the bidding race, even though British billionaire Sir Jim Ratcliffe, who submitted a second and improved offer on Thursday evening, and Qatari banker Sheikh Jassim bin Hamad Al Thani were granted extensions beyond Wednesday's 9pm deadline set by the Raine Group.

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