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Former Nokia communications boss joins Manchester United race


Finnish entrepreneur, Thomas Zilliacus, has joined the race to take over Manchester United.

The former Global Head of Corporate Communications at Nokia wants to buy 50% of the club, with the other half being bought by fans.

”Any sport club ultimately should belong to its fans. The current development, where billionaire sheiks and oligarks [sic] take over clubs and control them as their personal playgrounds is not a healthy trend,” he explained.

“The current market value of the club is just under $3.9bn. That means that if every one of the fans of the club would join in buying the club, the total sum per fan would amount to less than 6 dollars. My bid is built on equality with the fans.

“My group will finance half of the sum needed to take over the club, and will ask the fans, through a new company that is being set up for this specific purpose, to participate for the other half. If every fan joins it means less than 3 dollars per fan.”

69-year-old Zilliacus lives in Singapore, where he’s lived since he headed up Nokia’s Asia-Pacific operations.

He left Nokia in 1993 to set up an investment firm, Mobile FutureWorks Group. He’s also listed as Chair and Founder of Newkia and YuuZoo.

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