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:
The hearing over Manchester City’s 115 FFP charges will officially start next week
Danny Jones
After more than a year of speculation as to when proceedings will finally start, it has been confirmed that the hearing regarding Manchester City and their 115 FFP charges is set to begin next week.
Man City were first slapped with the laundry list of alleged breaches of FFP (financial fair play) and failure to comply with Premier League rules on profit and sustainability (PSR) back in February 2023, but little movement on the case has been reported since then.
In that time, they also won the coveted Treble and their record-breaking fourth league title in a row; meanwhile, the club have continued to deny all claims of rule-breaking.
However, it has now been revealed that City‘s hearing will now kick off on Monday, 16 September.
BREAKING: The hearing over Manchester City's 115 charges will start on Monday 🚨 pic.twitter.com/9ujOCryVMF
As explained in various reports, given the extended nature of the claims made against the Manchester side, it is estimated that the case could run on for up to two months if not longer.
Furthermore, it is thought a decision isn’t expected to arrive until spring 2025 – again, this is simply due to the number of charges brought up over the best part of a decade.
In case you need a refresher, the allegations levelled at Man City date back to 2009 and concern a supposed nine years of financial irregularities, as well as subverting UEFA FFP rules.
Some of the accusations made against them also include failing to cooperate with the European football body and the Premier League, as well as offering ‘secret contracts’ so as to pay one particular manager a larger sum than what they recorded in their financial statements.
The final verdict, whenever it is reached, will be handed down by an independent commission and City will still be able to make an official appeal.
It goes without saying that were they to be found guilty, it would be the biggest financial scandal in English football history and could be seismic for the future of money in the sport and regulations surrounding ownership, which have already grown tighter following the charges being issued.
And in case you needed a more detailed refresher on what exactly they are being tried for and what the possibilities are regarding punishment if found guilty, here’s a quick rundown:
Featured Images — Arne Müseler (via Wikimedia Commons)
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Billy Harris’ sensational Davis Cup debut helps secure GB’s opening win in Manchester
Danny Jones
Great Britain grabbed their first win in the opening game of the 2024 Davis Cup Finals group stage this week with a hard-fought day against Finland which featured a truly stunning debut from would-be dark horse Billy Harris.
‘The World Cup of Tennis’ returned to Manchester’s AO Arena on Tuesday for the next stage of the tournament, with Britain getting their Finals group games underway this past Wednesday and starting as they mean to go on.
It may have been too early to throw in Jack Draper – who despite being one of their most promising squad members is still pretty raw from his draining semi-final defeat in the US Open last week – but, thankfully, experienced Dan Evans got the ball rolling and it became a case of building on the advantage.
That being said, you could tell from the early points of Evans’ opener against world no. 703 Eero Vasa that it was going to be a long day for the home team, as the sets felt drawn out right from the off.
Birmingham’s finest was taken to a tense tie-break in the first set of the day but, tough as always, he weathered the early test and emerged with a 7-6 (3), 6-2 victory over the Finnish underdog who looked to be playing well above form.
Evans’ stamina and resilience were a big factor in their dominant display in the qualifiers last September too, but energy levels can only take you so far and after a tiring first match, Finland piled on the pressure in the doubles fixture where he and partner Neal Skupski just couldn’t quite survive two tie-break sets.
The 34-year-old duo were truly put to the test but, fortunately, the game was already a bit of a dead rubber, as the real star of the show came in the form of surprising debutant Billy Harris from Nottingham, who impressed everyone with his emphatic performance against in the other singles fixture beforehand.
Harris only earned his first ATP Tour win last year and is admittedly a bit of a latecomer to the party, but his journey is an inspiring one: working hard over the last 12 months and simply continuing to push so as to now earn his stripes with a Wimbledon debut earlier this year as well.
At 29, he’s at a crucial point in his prime years as an athlete, so it was important that he did his utmost to leave his mark on the GB squad at his first Davis Cup, and he tackled that objective head-on.
Notching a comprehensive 6-4 7-6 (7-4) win against Otto Virtanen – who is no slouch in this particular tournament – team captain Leon Smith said of the showing: “I’m thrilled for Billy – I think that’s one of the best debuts you’ll have seen. It was that good.”
Even on an early afternoon mid-working week, the second day of this year’s Davis Cup managed to attract nearly 6,500 fans to the AO Arena (roughly 90% capacity), which just goes to show how much of an appetite there is for the sport here in Manchester.
The opening rounds of the competition’s return to the city after a whopping three decades late last year saw its biggest overall attendance ever in this country and it’s clear Great Britain look very at home playing here.
Our boys take on Argentina in the next round this Friday, 13 September, where hopefully the likes of Draper can come back into the fold and give the likes of Evan, who has struggled with fitness of late, a much-needed bit of rest where possible.
Even without the likes of the now-retired Andy Murray, an injured Cam Norrie and Stockport’s Liam Broady, GB still look to be one of the teams in with a really strong chance of going all the way. Is The World Cup of Tennis ‘coming home’ and just how big a maiden tournament is Billy Harris going to have?
Danny Jones -
23rd March 2023 
