Manchester United takeover latest: UK government 'welcome' Qatari investment as share price soars

manchestereveningnews.co.uk:

The latest deadline for Manchester United takeover offers to be submitted is at 9pm on Wednesday. After weeks of meetings at Old Trafford between interested parties and United executives, formal offers must be made to the Raine group and the Glazer family to evaluate.

A preferred bidder could be selected from the proposals and begin an exclusivity period, or the bidding could continue until a suitable offer arises in the eyes of the owners.

Further information about the direction of travel will no doubt follow in the coming days and weeks. Here are the latest United takeover headlines: READ MORE: Gavi has already given United clear transfer reminder amid Barcelona contract U-turn UK government figures would privately welcome Qatari investment into United, according to Politico.

Government interference should not be an issue should Sheikh Jassim be successful in becoming a preferred bidder, with those close to the interested party said to be confident of succeeding and avoiding added scrutiny.