Manchester United takeover latest as Erik ten Hag told he is adding to valuation

Manchester United's takeover situation continues to rumble on as we head towards the start of October.

It is almost a year since the Glazers announced a strategic review into the ownership of the club. At the time, the Reds' owners declared all options remained on the table, including a full sale.

This news enticed Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe to show interest in purchasing the club. However, progress has ranged from slow to non-existent as all parties await a decision from the American family.

READ MORE: Ratcliffe 'preparing restructured bid'

READ MORE: New protest shows Glazers can't hide from unpopular decision

Both bidders remain open to buying the club outright but it remains to be seen whether the Glazers will seek a full sale or take the Liverpool route of bringing on board minority stakeholders.

MEN Sport has taken a look at the latest rumours to decipher where the takeover's status currently is.

Football finance expert and professor of economics at Sheffield Business School Dr Rob Wilson, has told Saxo he believes the current valuation of the club, in his opinion, is somewhere between $7bn to $8bn. One of the factors as to why it is so high is Erik ten Hag.

Dr Wilson explained: "They [United] had a much more successful season last year compared to the last ten, and the football was more attractive so more people were talking positively which makes them more attractive to sponsors. So when they renegotiated their shirt sponsorship deals, you would imagine that helped, which we would not have said three years ago.

"If you had asked me three years ago, will Adidas renew their contract at £75m a year? I would have said I wasn't sure, but they have just done that for ten years. So the