Finnish entrepreneur Thomas Zilliacus has withdrawn his offer to purchase Manchester United, citing the decision of the current owners, the Glazers, to initiate a third round of bidding as a “farce.” Zilliacus, along with Qatari banker Sheikh Jassim and Ineos owner Sir Jim Ratcliffe, had publicly submitted second bids for the renowned football club. However, the delays caused by the Glazers’ decision have prompted Zilliacus to withdraw his offer, citing concerns about the difficulties faced by any new owner in building a winning team for next season.
In a scathing post on Twitter, Zilliacus accused the Glazers of showing “no respect” to the club, and stated that the bidding process was turning into a farce. Zilliacus and the other bidders were ready to negotiate a deal to purchase United, but the Glazers’ decision to start a new round of bidding has forced him to bow out of the process.
Zilliacus expressed his frustration that the Glazers seemed more interested in maximizing profits for themselves than in the welfare of Manchester United. He believes that the delay caused by the third round of bidding will make it very difficult for any new owner to build a winning team for the upcoming season, which could ultimately harm the club’s performance and reputation.
This news will undoubtedly come as a disappointment to Manchester United fans who were hoping for a change in ownership after years of discontent with the Glazers’ leadership. The Glazers have faced criticism in the past for their ownership style, which many feel has prioritized profit over the club’s success on the field.
As the bidding process continues, it remains to be seen whether any of the remaining bidders will be able to strike a deal with the Glazers to acquire Manchester United. The situation is undoubtedly frustrating for fans of the club, who are eager to see new ownership and fresh investment to help bring back the glory days to Old Trafford.