Manchester United takeover news RECAP Share prices rise as Joel and Avram Glazer 'perform U-turn'

Manchester United fans are still in the dark about how the takeover process is evolving despite it being seven months since the Glazers announced plans to explore 'strategic alternatives'.

While prospective buyers have been whittled down to two, neither Sheikh Jassim bin Hamad Al Thani nor Sir Jim Ratcliffe have any more clarity on their progress.

The latter is reportedly losing confidence of a United takeover amid speculation that all members of the Glazer family on the United board are willing to sell up for the right price.

Qatari banker Sheikh Jassim has reportedly received a boost in his takeover hopes after Avram and Joel Glazer agreed to prioritise a full sale of the club. Previously, it was understood the pair wished to remain at Old Trafford.

A relatively quiet spell in terms of developments has caused the share price to drop after days of sharp increases. Come the market's close last night, shares were priced at $22.50, having started the day at $23.65.

Recap all of Wednesday's developments on the live blog below:

We're calling time on today's takeover blog here, folks. As ever, thank you for following us today.

We will catch you again bright and early in the morning.

According to a report by CBS Sports, as cited by the Express, advanced talks and 'significant legal steps' are still ongoing between the Glazers and those who remain in the bidding race. Both Sheikh Jassim and Ratcliffe first registered official interest in the club back in February and have remained the frontrunners ever since.

Despite the ongoing silence coming out of Old Trafford, it is claimed that the Glazers do remain in deep discussions with those interested in ousting them from M16. The report claims that the proceedings are 'ticking