Old Trafford Stadium in Manchester (AFP image)
But Ziliakas said his second-round offer remained on the table ahead of the April 28 deadline for submitting a third bid.
Finnish businessman Thomas Ziliakas again insisted on Tuesday that his second offer to buy Manchester United is still on hold.
Zilliacus said earlier this month that it would not enter a third round of bidding, accusing the current joint owners of the Glazer family of turning the process into a “farce”.
But he said his second round of proposals remained on the table before the deadline for the submission of third bids on April 28.
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And he reiterated his position on Twitter on Tuesday: “As I said when I announced I would not be making a new bid for the third round, I have today informed the bank handling the sale of United that my bid round. There is no limit on my bid. Final price subject to negotiation with sellers #ManchesterUnited #UnitedWeStand.”
Qatari banker Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani and British billionaire Jim Ratcliffe both made second bids for the Premier League club last month.
A number of offers are understood to have been received in recent weeks, but Sheikh Jassim and Ratcliffe are the frontrunners to buy United should the Glazers give up control of the club they bought in 2005 for £790 million ($980 million). Had given.
United’s unpopular US-based owners announced in November that they were undertaking a strategic review, with a sale of the club along with external investment an option being considered.
The Qatari group has reportedly made an offer of around £5bn for 100 per cent ownership of the club, while Ratcliffe, a boyhood United fan, wants to buy out the combined Glazer shareholding of 69 per cent.
US hedge fund Elliott Investment Management is understood to have made a bid for a minority stake.
The Glazers’ asking price is believed to be around $6 billion – a figure that would make the 20-time English champions the most expensive sports club in history.
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)
