Manchester United awaits new offers in third round of negotiations

Manchester United is willing to accept a third round of bids from eventual buyers at the end of the month as the Premier League club’s owners continue to explore a sale.

Manchester United and Raine Group, the investment bank running the bidding process, did not immediately respond to a Reuters request for comment on Tuesday.

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United’s American owners, Glazer family, launched a formal sale process late last year, with several bids received in February and March. One of them was from Bitish billionaire Jim Ratcliffe, founder of chemicals producer INEOS and Sheikh Jassim Bin Hamad Al Thani, the son of Qatar’s former prime minister.

After their offers Finnish businessman Thomas Zilliacus also joined the race for the Red Devils. Any sale would likely exceed the biggest sports deal so far, the $5.2 billion including debt and investments paid for Chelsea.