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Manchester United transfer news LIVE plus takeover latest amid PSG president contact claims

It's now been more than six months since the Glazers first announced that Manchester United was up for sale.

Four bidding rounds, a plethora of deadlines and yet still little clarity has got the fans demanding that the process is soon wrapped up with Erik ten Hag still not knowing for certain what budget he has to play with this summer.

Sir Jim Ratcliffe's INEOS bid is thought to be the favoured one by the Glazers, amid the supposed proposal that Avram and Joel Glazer stay on as minority stakeholders.

Sheikh Jassim bin Hamad al-Thani submitted a fifth bid on Wednesday ahead of his self-imposed deadline of Friday. That day has now come and gone but it's mooted the Qatari banker has not dropped his interest.

Meanwhile, unfavoured outside bidder Thomas Zilliacus announced he has officially withdrawn his ownership bid. The Finnish businessman refused to enter the third round of bidding but it seems his initial bid was still active.

TODAY'S BIG QUESTION: Would you be happy with Sir Jim Ratcliffe as the new United owner? Have your say here >>>

Stay on top of all the day's United news with our LIVE blog below.

Outside Manchester United bidder Thomas Zilliacus has withdrawn from the takeover race.

The Finnish businessman said the potential cost of a purchase “no longer makes sense” with his investment company XXI Century Football Capital now looking at other clubs.

Sir Jim Ratcliffe is reportedly leading the takeover race, ahead of rival bidder Sheikh Jassim bin Hamad Al-Thani who submitted a fifth bid on Wednesday ahead of his self-imposed Friday deadline.

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Paris Saint-Germain chief Nasser Al-Khelaifi has reportedly been involved in Sheikh Jassim bin Hamad al-Thani's Manchester United takeover bid.

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Read more on manchestereveningnews.co.uk