Manchester United takeover news LIVE Sheikh Jassim and Sir Jim Ratcliffe bids latest as share price drops

The ownership question at Manchester United continues to remain one without a definitive answer going forwards as the club's takeover saga continues to rumble on with no clear end date in sight.

The potential sale of United has been on the cards for almost eight months now, after the announcement made by the Glazer family last November. The process has ultimately seen two parties become the clear contenders to be the next potential owners of United.

Qatari Sheikh Jassim bin Hamad Al Thani's bid proposes a complete takeover of United. That approach would see the club's debt wiped out and the Glazers no longer at Old Trafford.

The alternative approach comes from boyhood United fan Sir Jim Ratcliffe and his Ineos company. This proposes a majority stake in United which would see the Glazers remain at the club, but no longer in overall control and having a minority share instead.

Which bid, if either, is ultimately chosen remains to be seen. There is of course also the prospect that neither approach is deemed acceptable by United's current owners and the Glazers simply remain in charge of the Old Trafford club.

While all this rumbles on in the background, Erik ten Hag is seeking to add to his squad in the summer transfer window. But with uncertaintly over the club's ownership, it could have an impact on the club's budget as they aim to bring in sufficient reinforcements.

Follow all of the day's updates below:

United's share price fell by 20 cents by last close of play.

The shares began the day priced $23.11 but ended it at $22.91, as uncertainty continues over the club's ownership.

It has been nearly eight months now since the Glazer family announced the intention to seek 'strategic alternatives' at United. Since then,