The Glazers are reportedly considering a takeover offer from the former owners of AC Milan for 60 per cent of Manchester United.
The Independent report that Elliott Management have entered the fray in the race to become the next owners at Old Trafford, less than a year after they sold AC Milan to Redbird Capital Partners.
Qatar's Shiekh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe's INEOS were confirmed to have made offers for the Red Devils, and are now waiting for responses from Raine Group who are the merchant bank dealing with the sale.
It's said the Glazers would prefer to keep a majority share and negotiate Elliot Management's bid down to 40 per cent.
More to follow...
