A bidding war would 'drive up the market price' and only serve to line the Glazers' pockets. Zilliacus is doing everything he can to avoid that in his bid to buy Manchester United.
, which would see him own 50 per cent of the club with the fans owning the other half.
“The formal bid we have submitted is, I dare to say, on the same level and in line with the other bidders that have been discussed in public,” the 69-year-old said. “We are discussing with a number of parties and if we are allowed to proceed, then we will select the ones who fit best into the framework in what we want to achieve with the club.
“To bid against each other would just drive up the value price, it benefits no one else but the current owners,” Zilliacus argued. “They will walk away with a massive premium. Instead we should focus on what can we do for Manchester United.
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