HomeNewsFinance & LawFootballUnited Kingdom

Finnish businessman enters fray for United, Elliott eyes stake

A general view of the stadium during the Premier League match between Manchester United and Crystal Palace (Photo by Sebastian Frej/MB Media/Getty Images)

Finnish businessman Thomas Zilliacus has revealed that he has submitted a fan-focused bid to buy Manchester United, while New York-based investment fund Elliott Management has made an offer for a minority stake in the Premier League club.

Zilliacus is the founder and chairman of social media company novaM Group and he has submitted a bid to buy United through XXI Century Capital, an investment firm owned by his holding company.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here

Related News

Football
Finance & Law

Chile's Asociación Nacional de Fútbol Profesional (ANFP) is the latest professional football league to be seeking outside investment for a stake in its media rights, it has been reported.
Football
Media

Giorgio Marchetti, deputy general secretary at Uefa, has revealed that the governing body’s club competition revenue is projected to rise to between €4.6bn ($5bn) and €4.8bn p
Football
Media

United Media, the broadcasting group across Southeast Europe, has acquired exclusive rights in Slovenia to an extensive package of Uefa club competition rights for the new three-year cycle
Football
Industry Moves

Jake Edwards has stepped down as president of the United Soccer League (USL) after 10 years at the American professional men's league