3 C
Madrid
Wednesday, December 18, 2024

Unusual Offer to Purchase Manchester United Confirmed by Finnish Investor Thomas Zilliacus

Zilliacus has made a proposal through XXI Century Capital, an investment company owned by his holding company

Must read

UNITED KINGDOM: Finnish businessman Thomas Zilliacus claims to have made a special offer to purchase half of Manchester United and that he will permit supporters to purchase the remaining shares. 

Zilliacus has made a proposal through XXI Century Capital, an investment company owned by his holding company. 

- Advertisement -

Zilliacus is the chairman of the social media organisation novaM Group. The fan involvement in Finn’s proposal is what makes it special; it would let them invest in the team and exercise equal voting rights via an app.

Describing his vision for United he added: “The current market value of the club is just under $3.9bn (£3.17bn). 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 $6. If every fan joins it means less than $3 per fan.”

- Advertisement -

The owners of Ineos, Sir Jim Ratcliffe and Qatari financier Sheikh Jassim, are the only bidders who have openly announced their interest. 

After meeting with United officials earlier in March, they are anticipated to submit second, amended bids. Regardless matter who ultimately owns the club, it is also believed that US financial firm Elliott has made an offer to buy a minority position. 

- Advertisement -

Zilliacus is the founder and chairman of the newest social media organisation novaM Group. He has previously worked with HJK Helsinki and ice hockey champions Jokerit in his own country. He intends to purchase United through XXI Century Capital, an investment business owned by his holding company.

Also Read: Sergio Ramos Retires from International Football after Alleged Feuds with Spain’s New Manager

Author

- Advertisement -

Archives

spot_img

Trending Today