Man Utd sale process enters final round

The sale of Manchester United has moved into a third and final round of bidding, sources have confirmed.

The bidding process, managed by American investment bank Raine Group who oversaw the sale of Chelsea, has invited a certain number of bidders to make third and last offers by April 28.

There is also a deadline in mid-April for due diligence to be completed, after which point those final bids are expected.

Sources have confirmed there will be no fourth round and this will be the last chance to make an offer acceptable to the Glazers, who are also still considering investment offers and bids for a partial stake in the club will also be contemplated.

MEZIESBLOG understands that the two most high-profile bidders, Qatari Sheikh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe, are still in the process and will have the chance to purchase the club.

Raine Group, who have not officially commented on the sale process, had considered whether to offer a period of exclusivity to a sole bidder but it was decided that they would allow another round of bidding instead.

The biggest question mark remains over whether the Glazers will sell the club in full, with some sources close to United believing they will indeed accept an investment bid rather than a full sale.