Hamad Al-Thani Jim Ratcliffe Manchester Hamad Al-Thani Jim Ratcliffe Manchester

Manchester United takeover news LIVE Sheikh Jassim progress hinted

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Manchester United's search for a preferred bidder in the takeover process continues today. The Glazers put the Reds on the market in November but since then, progress has stalled.

Two bidders are currently seen as the favourites to complete the takeover. Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe have jostled for position over the last few months as United's current ownership mulls over their offers.

Reports on Monday appeared to suggest Sheikh Jassim was currently the bidder in the lead. The Guardian claimed both in public and privately, the Qatari banker had 'slipped ahead' of his INEOS rival in the race to purchase the club.

Another report from the Financial Times suggested Sheikh Jassim threatened to walk away due to the prolonged nature of the process but he does remain in the hunt to buy the club at this stage. Keep across the latest updates and rumours about the Manchester United takeover in our live blog below. According to the Financial Times, the Qatari national had become frustrated with the prolonged process earlier this month.

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