Manchester United takeover news LIVE Sheikh Jassim 'edges ahead in Man Utd race'

The Manchester United takeover process rumbles on, over seven months after the club was put up for sale.

The Glazers announced they would be exploring 'strategic alternatives' for investment late last year, which paved the way for a lengthy bidding process. The two frontrunners remain Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe.

Reports suggest that both offers from the wealthy businessmen are north of £5.5billion, but speculation that the former is preparing for exclusivity talks has been shot down. The summer transfer window is now open and while Premier League rivals are getting on with business, United are left in financial limbo.

United supporters' frustrations have now reached an all-time high and reports suggesting that the Glazers will still be at the helm by the time next season kicks off have infuriated many. The whole saga needs bringing to a close, one way or another, sooner rather than later.

Follow below for all of the day's updates on the takeover situation.

Elsewhere, Fiorentina midfielder Sofyan Amrabat is believed to have chosen to sign for Atletico Madrid.

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"Sheikh Jassim's bid is viewed slightly more favourably by the Glazers at this point'Anirban Sen from @Reuters on the #MUFC takeover pic.twitter.com/R5lYpKPbks

Former Manchester United striker Louis Saha has urged the Glazers to make a quick decision on the takeover after admitting Sheikh Jassim bin Hamad Al Thani's bid was 'exciting'.

In November, United's owners announced they would be exploring options for further investment in the Reds. As time passed, Sir Jim Ratcliffe and Sheikh Jassim hit the front of the race.

While Ratcliffe is proposing a bid which would seal 60 per cent of the Reds for himself, Sheikh