Manchester United takeover: Sheikh Jassim bin Hamad Al Thani submits new bid to buy Premier League club

Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United.

The deadline for second bids was 9pm on Wednesday but Sheikh Jassim's representatives asked for an extension on Tuesday and they were given more time.

Sir Jim Ratcliffe and INEOS submitted a revised bid on Thursday night, while Finnish entrepreneur Thomas Zilliacus confirmed his holding company XXI Century Capital has also made an increased offer.

US hedge fund Elliott Management did make an offer before the deadline to buy a minority stake in the club.

Elliott Management have also offered financing to other parties interested in investing in United and that offer still stands.

Zilliacus to rivals: Let's buy Man Utd together

Finish businessman Zilliacus wants to buy half of Manchester United with the other half bought by fans, who will be part of the club's decision-making.

Zilliacus, the founder and chairman of social media company novaM Group, has appealed for Sheikh Jassim and Sir Jim Ratcliffe to "join forces" and "buy the club together".

He said in a statement: "I have appealed to my two main rivals, Sir Jim Ratcliffe and Sheikh Jassim, to join forces with me so that we buy the club together and that way channel more money to the club for everything from player acquisition to stadium upgrades.

"I however have not received any reply, so XXI Century Capital has increased its bid. We believe our offer, which includes fans involvement in never before seen ways as well as values that the future of the club will be built on, is the best for the club and its fans.

"We continue to receive strong support from the fans, who say they want to see our bid win. I continue to hope that we could work together with Sir Jim Ratcliffe and Sheik Jassim to improve the club, but as we have received no replies XXI Century Capital sees no other option than to increase its own bid.

"We are dead serious in our wish to buy the club. We will make it the world's best club and we will significantly grow the already massive fan base around the world by offering fans everywhere unprecedented ways to be involved and to communicate with the club and the players."