Finnish businessman Thomas Zilliacus has withdrawn from negotiations to purchase Manchester United, a club competing in the English Premier League, arguing that the delay in the sale will complicate the new owner's task of building a strong team. Zilliacus wrote in a tweet: "I have declined participation in a third bidding round for United. The bidding is turning into a farce, with Glazers giving no respect to the club. The delays will make it very difficult for any new owner to build a winning team for next season."
The Glazer family, the owners of United, received several offers in February and March after announcing their intention to sell the club last year. Among those who submitted bids were British billionaire and owner of INEOS Jim Ratcliffe and the son of former Qatari Prime Minister Sheikh Jassim bin Hamad Al Thani.
