Manchester United takeover latest: Sheikh Jassim bid ‘improved’ as Zilliacus is on ‘same level’

Official bids for Manchester United have finally come in from three public bidders.

Finnish entrepreneur Thomas Zilliacus came out of nowhere this week, confirming to the Manchester Evening News that a formal bid had been submitted on Friday, and the other well-known prospects, British businessman Sir Jim Ratcliffe and Qatari Sheikh Jassim bin Hamad Al-Thani , have made the offer most of their extension and followed their example.

It is now up to Raine Group to review all offers received on behalf of the Glazers before deciding how to proceed with the process. Here are the latest headlines surrounding the United acquisition:

READ MORE: Ratcliffe’s tenure at Nice offers a glimpse into United’s potential future

sheikh submits second commandment

After missing the soft deadline, Sheikh Jassim has received his second offer. It’s safe to assume their camp remains confident and believes their offering is the best.

Kaveh Solhekol, Sky Sports News chief reporter says it has been described as very competitive but considered and rational. It suggests the bid is somewhere between the opening bids, which stood at around £4.5bn, and the £6bn asking price from Glazers. It is also reiterated that the takeover would eliminate all of the club’s existing debts.

Zilliacus sends an offer on the same level

Finnish businessman Thomas Zilliacus says his offer for Manchester United is “on par” with those of Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe.

The entrepreneur tells MEN Sports He submitted a formal offer on Friday that would see him own 50 per cent of the club while United fans would own the other half. Zilliacus, head of novaM Group’s social media business, says fans from all over the world who invest could have a say in many important club decisions via an app.