US investors Elliott Management are ready to finance £2BILLION worth of Old Trafford upgrades amid fears the Glazers could stay at the club.
Red Devils chiefs, the Glazer family, opened the door to a sale back in November.
Qatar’s Shiekh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe have made offers to purchase the Premier League giants.
But while both parties await a response from Raine Group – the merchant bankers dealing with the sale on behalf of Man Utd – an offer to finance the upgrade of Old Trafford has arisen from American investors Elliott Management.
It is understood the improvements to the stadium could cost as much as £2bn.
Bidders are hoping to hear back from Raine Group in the next few days regarding the next steps in the process.
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The Qatari offer was for a complete takeover of the club, while Ratcliffe’s bid was for a majority stake.
Both bids were initially lodged at £4.5billion.
SunSport understands that the Glazers are asking for around £6bn for a wholesale takeover.
Man Utd fans are keen to see the back of their current owners as they continue to protest their presence.
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The Glazers’ continued involvement could mean a mass exodus of players in the summer in order to raise funds for new arrivals.
As many as seven United stars could reportedly be shipped out in order to finance transfers as Erik ten Hag looks to build on an impressive first season in charge.
United have already won the Carabao Cup and are still in three other competitions.
They face West Ham in the fifth round of the FA Cup on Wednesday, before the start of their Europa League last-16 tie against Real Betis next week.
And they are also in with an outside chance of winning the Premier League title as they sit eight points adrift of table toppers Arsenal.
Source: Soccer - thesun.co.uk
