sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
Man Utd takeover bidder aims dig at the Glazers with cryptic 'money' claim
Home>Football
Updated 17:13 31 Mar 2023 GMT+1Published 17:12 31 Mar 2023 GMT+1

Man Utd takeover bidder aims dig at the Glazers with cryptic 'money' claim

He's claims they've missed a major source of income.

Rory O'Callaghan

Rory O'Callaghan

google discoverFollow us on Google Discover

Manchester United bidder Thomas Zilliacus has criticised the Glazers for missing a major 'additional source of revenue', although he is yet to reveal what it is.

Earlier this month, Finnish entrepreneur Zilliacus entered the race to purchase United from the Glazers and pledged to introduce a form of fan ownership at Old Trafford if he is successful.

"Any sport club ultimately should belong to its fans. The current development, where billionaire sheiks and oligarchs take over clubs and control them as their personal playgrounds is not a healthy trend," said Zilliacus, who has vowed to finance £3bn for his bid if United fans can collectively raise £1.5bn to aid his takeover attempt.

On Thursday, United released the club's financial results for the three-month period to December 31, 2022.

Advert

United posted a 22 per cent increase in commercial revenues but saw income from matchday revenues and broadcasting deals fall.

During the three-month period, the club posted a net profit of £6.3m but revenue compared to the previous year fell by 10 per cent to £167.3m, according to the Manchester Evening News.

The club's accounts also showed that long-term debt had risen to £535.7m – an increase of more than £58m from the previous year.

Zilliacus aims dig at the Glazers with cryptic claim

In a tweet responding to the financial results, Zilliacus wrote: "The latest financial figures released by Manchester United show the club has missed one revenue source that could bring in more money than any of the current ones.

"If XXI Century Capital's bid wins that will change."

He later added in a follow-up tweet: "Many have asked what additional source of revenue I am talking about.

"I will reveal what it is if I am successful with my bid, and immediately implement it."

Zilliacus would go on to further criticise the Glazers for a perceived lack of communication with fans.

"To those who say I am not replying; I cannot reply to thousands of individual tweets, but I reply in my tweets to all relevant questions," he added.

"I believe in open communication with the fans, unlike some others it seems."

Zilliacus faces stiff competition to buy Manchester United, with multiple rival bids submitted including offers from British billionaire Sir Jim Ratcliffe and Qatari banker Sheikh Jassim bin Hamad bin Khalifa Al Thani.

Several other parties are believed to be trying to negotiate a full sale with Raine, the investment bank conducting the sale on behalf of the Glazers, with others looking to make a smaller investment in return for a partial stake in the club.

Featured Image Credit: Alamy & Sky Sports News

Topics: Manchester United, Football, Premier League

Rory O'Callaghan
Rory O'Callaghan

Rory O'Callaghan is Editorial Lead at SPORTbible. He has previously worked for Sky Sports News, MailOnline and Reach covering football, cricket, boxing and MMA.

X

@rory_ocallaghan

Recommended reads

Thierry Henry on his ‘big brother’ France teammate, biggest influence and the discipline that defines himGetty Images'He battered me for it' - Lionel Messi's shirt ended up with ex England star Jack Wilshere after teammate assistGettyThree England stars disagree on the one player from another nation who England needGetty & SPORTbibleTommy Fury disagrees with Tyson's 'no choice' claim as he reveals why he doesn't want his children to boxGetty Images

Advert

Choose your content:

2 hours ago
4 hours ago
  • Getty Images
    2 hours ago

    'He cornered himself' - Man Utd chief brutally sums up why Ruben Amorim failed at club

    Amorim was sacked in January and has since been appointed AC Milan boss.

    Football
  • Getty Images
    4 hours ago

    Liverpool instantly decide new winger target after Yan Diomande saga takes new twist

    Liverpool's pursuit of the Ivory Coast winger has taken an interesting twist, which may impact their summer plans.

    Football
  • Getty Images
    4 hours ago

    From National League relegation to the World Cup in 37 days: Tommy Smith has achieved his dream against all odds

    We sat down with Smith, who is the lowest-ranked player from England's football pyramid to be involved at the World Cup.

    Football
  • Getty Images
    4 hours ago

    Uruguay camp 'plunged into chaos' hours before crucial World Cup game vs Spain

    The two-time winners take on Spain, needing a positive result to progress.

    Football
  • Man Utd demand first-team star to take pay cut to stay at the club
  • Marcus Rashford aims dig at Man Utd after Barcelona move as 'no man's land' claim made
  • Man Utd Sale Price Emerges With Glazers Braced for UAE Bid
  • Man Utd Women's Head Coach Aims Thinly-Veiled Dig at Ruben Amorim