Qatari banker Sheikh Jassim has joined Ineos proprietor Sir Jim Ratcliffe in submitting a second bid to purchase Manchester United.
A consultant of Sheikh Jasim mentioned on Saturday that he submitted the revised bid in a single day.
Ratcliffe made a second bid on Thursday after Wednesday’s confusion and prolonged deadline,
This was adopted by Finnish entrepreneur Thomas Zilliakas stating that he has submitted a bid to purchase the Old Trafford membership.
Zilliacus needs to purchase half of the membership with the opposite half purchased by followers, which can be a part of the membership’s decision-making.
on Saturday, Ziliacus claimed He had additionally raised his bid for United in a single day.
Interested events had till 21:00 GMT on Wednesday to submit their bids earlier than the deadline was prolonged.
On Thursday, a spokesperson for Inios mentioned: “Ratcliffe and Inios can confirm that we have submitted a revised bid.”
The Glazer household, who purchased Manchester United for £790m in 2005, introduced they had been contemplating promoting the membership in November.
The Americans have set a £5-6bn valuation for United.
Ineos needs to purchase the mixed Glazer shareholding of round 69%, however the Qataris are focusing on 100% of the membership.
The two sides met with joint officers in early March.
Who is Zeliacus?
Ratcliffe and Sheikh Jassim had been the one publicly introduced bidders till Ziliacus introduced his provide.
Ziliacus mentioned: “Any sports club should ultimately belong to its fans. My bid is built on equality with the fans.
“The current development, where billionaire sheikhs and oligarchs take over clubs and control them as their personal playground, is not a healthy trend.
“The membership’s present market worth is lower than $3.9bn (£3.17bn). This implies that if the entire membership’s followers had been concerned in shopping for the membership, the full quantity per fan could be lower than $6.
“My group will contribute half of the amount needed to take over the club, and ask fans to participate for the other half through a new company being set up for this specific purpose.
“If each fan joins, which means lower than $3 per fan.”
Zilliacus plans to give fans a say through an app that allows them to “take part and solid their vote” when decisions are made on football matters relating to the club.
It is also understood that US investment company Elliott has offered to buy a minority stake, regardless of who owns the club.
Ziliakas, who has previously been involved with HJK Helsinki and ice hockey champions Jokerit in his homeland, is the founder and chairman of the new social media conglomerate NovaM Group.
He needs to purchase United by way of XXI Century Capital, an funding agency owned by his holding firm.
With inputs from BBC
