Man Utd takeover LIVE: Qatar and Ratcliffe bids ‘fall short’ as Glazers given way to stay

It is an important day for the potential takeover of Manchester United with the fresh deadline for second offers looming. Interested parties were initially given until 9pm on Wednesday however it was extended after a considerable amount of confusion. 

The Glazers initially stated they were considering selling up last November leading to intense speculation about how would be next to receive the keys to Old Trafford. The American family are believed to be holding out for around £6billion for their prized asset in what would be the biggest takeover in football history.

Sir Jim Ratcliffe’s INEOS group and Qatari Sheikh Jassim bin Hamad Al Thani appear to be the frontrunners after making their intentions to buy the club publically clear. Both are to said have submitted bids before the new deadline. It had been said that both parties were ready to meet the asking price however recent reports have suggested they could fall short, potentially elongating the process. 

As many as six other groups could be in the running to purchase a stake in the club with some like Elliott Management looking to buy a minority share, potentially allowing the Glazers to stick around.

Here Express Sport brings you all the latest details and developments in what looks set to be another big day at Old Trafford…