Following the last-minute flapping around Wednesday’s supposed 9pm deadline for those looking to buy Manchester United, one of the latest bidders has revealed themselves with a unique new offer.
Despite it being initially stated that frontrunners Sheikh Jassim bin Hamad Al Thani and British billionaire Sir Jim Ratcliffe had submitted their second bids in time for the deadline, miscommunication between United, their brokers and the bidding parties meant that those reports turned out to be premature.
In actuality, both the Qataris and Ratcliffe’s INEOS group had been granted an extension and will now submit their follow-up offers tonight (Thursday, 23 March). However, it was revealed that “approaching eight” other candidates had emerged and one of the newest bidders’ proposals has raised eyebrows.
Thomas Zilliacus is a Finnish entrepreneur who operates as Founder and Chairman of the Mobile FutureWorks investment and novaM social media groups. Now, according to a statement issued by the new United bidder, he wants to make a kind of social media app part of his offer — and that’s not all.
Zilliacus plans to buy all the Glazers shares using XXI Century Capital (an investment firm he owns) and fan funding. Latter expected to come only if he's successful. In other words, XXI Century Capital would make an outright bid then secure fan funding rather than before.
According to CBS Sports‘ Ben Jacobs, although Zilliacus is also yet to submit an official bid — said to have simply written a “letter of intent” to Raine Group, who are handling the deal — he has now publicly expressed his interest in buying the club and detailed how he plans to do it, it seems like a serious offer.
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As the 69-year-old goes on to explain in his lengthy press release, he believes that “any sports club ultimately should belong to its fans” and that the current trend of “billionaire sheikhs and oligarchs taking over clubs and controlling them as their personal playgrounds is not a healthy trend”.
While many will no doubt agree with the sentiment, with the UK government themselves having recently announced a new independent regulator will be installed throughout English football, Zilliacus’ solution to not only purchasing the club and putting control back in the hands of the fans is an intriguing one, to say the least.
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Stating that his team believes the current value of the club is approximately $3.9 billion (£3.45bn and some way off the Glazers’ £6bn asking price), he poses the suggestion of financing half of the sum by buying the Americans out and, “through a new company being set up for this specific purpose”, fans would then be encouraged to cover the rest by buying the remaining shares for less than $3 each. Yes, really.
Zilliacus, who is a former footballer and ex-chairman of Finland’s 32-time champions HJK, is also open to partnering with another group in the process.
Now, while fans owning and essentially helping run their own club has long been considered an ideal scenario for many supporters groups who have wrestled to keep some control from owners who are only financially invested in the club, the issue of stability and funding always remains an issue.
You only have to look at instances like Derby, Bolton, Bury, Macclesfield and more in recent years to see how precarious the situation can be. However, in cases like AFC Wimbledon, St Mirren and even clubs as big as Bayern Munich, significant ‘part ownership’ can be a recipe for both stability and success.
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Zilliacus insists that not only is his “bid is built on equality with the fans”, but they will have a direct impact on how it is run through this novel new app where supporters “from anywhere in the world, can participate and cast their vote when deciding on footballing matters relating to the club.
As he goes on to clarify, “no decisions will be taken that are not supported by a majority of the fan base”. His proposition is, essentially, to put decisions that often do or should get put to a fan vote anyway onto an app to make the communication and cooperation with the club more streamlined.
It almost sounds too good to be true, especially for a sporting franchise of this size and with such a global fan base. Unsurprisingly, plenty have reacted as such, with one account dubbing it “the funniest thing I’ve heard all week” and another simply saying, “Never ever going to happen”.
Jacobs did go on to state that Zilliacus is likely to submit a formal bid to buy the Glazers out of their shares through his XXI Century Capital investment firm (controlled by the Mobile FutureWorks holding company) before potentially inviting fans to help with funding. Either way, it all sounds very unlikely.
On the other hand, many haven’t been as quick to rubbish the concept off-hand and the fact he also happens to be a former footballer, not to mention part of Finland’s six-time ice hockey champions Jokerit ownership, has also been listed as a positive. Similar has been said of Ratcliffe’s Team Sky and OGC Nice ties.
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You can read his full statement and details of his proposal down below:
Luxury Manchester gym and pilates studio mysteriously closes
Daisy Jackson
One of Manchester’s most premium fitness facilities appears to have closed down, leaving members and instructors in the dark.
A forfeiture notice has appeared at the entrance of Blok, a boutique gym and pilates studio in the city centre.
Members have been arriving for classes this week to find the luxury facility at Ducie Street Warehouse closed up.
Native Places, which owns the beautifully restored mill building near Manchester Piccadilly and operates the upper floors as an aparthotel, has confirmed that it’s taken ‘formal possession of the ground floor gym’.
Blok has said they believe that the forfeiture of their lease by landlords is ‘illegal’ and that the team are ‘working to get this resolved as a matter of urgency’.
The gym also stressed the Manchester is a ‘profitable site, which we have collectively worked hard to grow into a thriving, healthy business’.
With three different studios, Blok opened in Manchester in 2019 offering classes ranging from dumbbell-based weight training to barre and pilates, as well as boxing, calisthenics and HIIT workouts.
Last year, the gym introduced reformer pilates to its premium offering.
And just last week, Blok had been running a Crowdcube campaign selling shares in the business in exchange for exclusive investor rewards.
Blok Manchester is inside Ducie Street Warehouse, owned by Native Places
Their investment campaign cited 175% growth in membership over the last 12 months, and promised four new flagship sites forecast to generate £1.5m in profit annually.
Alas, it appears Blok Manchester is now closed. Members have been leaving comments on their Instagram posts asking for updates, and several people are posting TikToks saying they were unable to attend their class.
One person wrote: “Hello I’ve lost my personality as Blok is closed *cry*.”
She added: “You can still book but it’s all locked up, no one can enter the premises … I got one email that they’re having ‘trouble accessing the building’, confused why they’re still allowing people to book??”
Hello I’ve lost my personality as Blok is closed *cry* Good Pilates/Mat/Barre/ reformer studios in Manchester. Also please no say a place that costs the same as my kidney, because that’s not cool 🙂 #BLOK#manchesterpilates#MCR#FYP
A statement from Native Places said: “Native Places has taken formal possession of the ground floor gym following the sustained non-payment of rent by the tenant.
“This action marks the end of a six-year relationship during which Native has consistently supported the tenant in their occupation of the space.
“Unfortunately, due to continued non-payment, we have had no option but to follow the appropriate legal process. The premises have now been secured, and access is restricted.”
In a statement provided to The Manc, Ed Stanbury, CEO and Founder of Blok, said: “The closure of BLOK Manchester is due to the forfeiture of our lease by our landlords, an action that we believe to be illegal. We are working with our lawyers to get this resolved as a matter of urgency.
“Whilst there has been speculation around financial pressures that may have led to this situation, we want to be clear: BLOK Manchester is a profitable site, which we have collectively worked hard to grow into a thriving, healthy business.
“We’re incredibly proud of the team and community we’ve created in Manchester, and our focus right now is on supporting them as we navigate this.”
Patrice Evra issues passionate plea to Manchester United as he must miss the Europa League final
Danny Jones
Ex-Manchester United star Patrice Evra has issued a passionate appeal to his old club ahead of the Europa League final, as he reluctantly prepares to miss the game.
Evra, 44, has remained an avid Man United fan even since he left the club back in 2014 and doesn’t miss a game if he can, often lending his punditry services to the likes of Sky Sports of TNT Sports.
However, despite the biggest game of their season coming up this Wednesday, 20 May, the Frenchman has been forced to skip the match due to a recent bereavement.
Nevertheless, Evra has taken time to issue a rallying cry to Ruben Amorim and his Red Devils, urging them to “be United” and “fight” just like his loved one.
As explained in the short video, the retired left-back’s sister recently passed away at just 56 after a long battle with cancer.
Visibly emotional but determined in the clip, Evra starts by sharing his “positive energy” before trying to inject some defiance.
Noting that his sibling fought for her life for more than two decades, he goes on to add, “That’s what I want from you [United players and fans] tomorrow: just fight — bleed for this shirt, for the fans, the staff, for the people of Manchester.”
Stating that there is “no excuse” for failure and that winning their first European trophy in seven years is their “duty”, he called on the team to channel the commitment and dedication of those travelling from all over the world to see them take on Spurs in Bilbao.
As for the former French international himself, he will be making his return to sport only in an entirely different arena, with a combat sports debut coming very soon.
Wait until you see who he called out… To be fair, I think we’d prefer to watch the Evra fight even more than the Europa League final.
While the comments underneath the post are obviously filled with lots of condolences for his loss, lots of supporters are also taking further faith and motivation from his competitive spirit.
It’s a big game for the club and so many across Greater Manchester; you only have to glance at social media to sense the palpable tension. For instance, if you’re a Red, you don’t want to scroll past the video down below.
Go on then – do you think United are going to do it?