• March 24, 2023

Finnish Businessman Thomas Zilliacus Tables Offer to Buy Manchester United

Finnish Businessman Thomas Zilliacus Tables Offer to Buy Manchester United
Share

Thomas Zilliacus, a Finnish businessman said on Thursday that he has made an offer to buy Manchester United, reported the Finnish national broadcaster Yle. Manchester United is currently owned by the American Glazer family, who announced in November that they were ready to sell the club.

According to foreign media, the sale price of Manchester United is estimated at more than five billion euros (5.45 million U.S. dollars), reports Xinhua. However, Zilliacus estimated in his announcement that the club’s current market value is less than 3.9 billion U.S. dollars or 3.6 billion euros.

ALSO READ| WATCH: Lionel Messi Reaches 800 Career Goals Mark With Free Kick Against Panama

Zilliacus, 69, worked as Nokia’s Asia director in the 1980s and 1990s, and became wealthy through real estate transactions, shares, and starting companies.

In sports, Zilliacus has been chairman of the Finnish football club HJK and co-owner of Jokerit, a professional ice hockey team based in Helsinki.

Other candidates to purchase United include Sir Jim Ratcliffe, the wealthiest man in Britain, and Qatari Sheikh Jassim bin Hamad al-Thani.

In addition, Paris Saint-Germain owner Nasser Al-Khelaif is believed to play a significant role in the offer made to United as well.

Representatives of United’s current owners are waiting to see if there will be more purchase offers.

Football’s European governing body UEFA prohibits ownership in several clubs that play in the same competition.

Ratcliffe also owns French club OGC Nice and Swiss club Lausanne, and Qatar’s QSI owns PSG. However, the rule does not apply to minority shareholders, which QSI is aiming for with United, according to media reports.

Read all the Latest Sports News here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)



Source


Share

Related post

Premier League: Ruben Amorim Begins Life At Manchester United With Ipswich Stalemate – News18

Premier League: Ruben Amorim Begins Life At Manchester…

Share Last Updated:November 25, 2024, 00:56 IST United inched ahead with a strike from Marcus Rashford in the…
Caicedo’s 2nd Half Strike Helps Chelsea Take 1-1 Draw Against Manchester United At Old Trafford – News18

Caicedo’s 2nd Half Strike Helps Chelsea Take 1-1…

Share Last Updated:November 04, 2024, 00:14 IST Moises Caicedo’s strike denied Manchester United victory with a second-half goal…
Manchester United Legend Dwight Yorke Named Coach Of Trinidad And Tobago National Team – News18

Manchester United Legend Dwight Yorke Named Coach Of…

Share Last Updated:November 02, 2024, 00:02 IST Yorke, who starred for almost a decade at Aston Villa before…