Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe made their third and final offers to buy Manchester United on Friday. Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family.

While Sheikh Jassim's latest offer is reported to be over £5 billion ($6.2 billion), the size of Ratcliffe's improved bid was yet to be made public when Friday's deadline for the third round of bidding passed at 2100 GMT.

Sources said Sheikh Jassim's bid for 100 percent control of the club comes with the promise of significant additional funding for transfers and infrastructure. The spending would include either redeveloping United's out-dated Old Trafford stadium or build a new ground, along with overhauling the club's training facilities.

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Sheikh Jassim has submitted his final bid for Manchester United. 🚨🔴🇶🇦 <a href="https://twitter.com/hashtag/MUFC?src=hash&amp;ref_src=twsrc%5Etfw">#MUFC</a> 
 
In addition to figure to buy the Club, Qatari’s proposal also includes a plan to invest a further significant amount of additional capital and infrastructure investment into the Club directly. <a href="https://t.co/evTWGUZmaK">pic.twitter.com/evTWGUZmaK</a>
— Fabrizio Romano (@FabrizioRomano) <a href="https://twitter.com/FabrizioRomano/status/1652056320332161027?ref_src=twsrc%5Etfw">April 28, 2023</a></blockquote>
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Sheikh Jassim's bid also promises to erase United's $620 million debt.

ALSO READ:&nbsp;<a href="https://www.wionews.com/sports/serie-a-naples-ready-for-napolis-coronation-as-fans-get-ready-for-big-celebration-ahead-of-title-clincher-587054">Serie A: Naples ready for Napoli's coronation as fans get ready for big celebration ahead of title clincher</a>

INEOS chemical company founder Ratcliffe, a boyhood United fan who failed in his attempt to buy Chelsea last year, reportedly wants to purchase a controlling stake in United of more than 50 per cent.

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Sir Jim Ratcliffe’s INEOS group third bid for Manchester United has also been submitted. 🚨🔴 <a href="https://twitter.com/hashtag/MUFC?src=hash&amp;ref_src=twsrc%5Etfw">#MUFC</a> <a href="https://t.co/m8vIkElKsX">pic.twitter.com/m8vIkElKsX</a>
— Fabrizio Romano (@FabrizioRomano) <a href="https://twitter.com/FabrizioRomano/status/1652059849029570562?ref_src=twsrc%5Etfw">April 28, 2023</a></blockquote>
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That would allow United's executive co-chairmen Joel and Avram Glazer to remain as shareholders with a 20 percent stake, which has raised concerns among a fanbase tired of the Americans' controversial reign.

The Glazers reportedly want a world record £6 billion fee for a sports club before they agree to sell the Old Trafford outfit, raising the possibility they might not accept either Sheikh Jassim's offer or Ratcliffe's approach.

Deeply unpopular with supporters since they saddled the club with debt in a £790 million leveraged takeover in 2005, the Glazers appeared ready to cash out at an enormous profit when they first invited external investment in November.

However, Elliot Investment Management and The Carlyle Group are among the private equity firms in the market for a minority stake that could allow the Glazers to retain control and provide the funding for investment in the club's infrastructure.

Avram and Joel Glazer are reportedly keen to hold on to their stakes in United, while siblings and fellow directors Kevin, Bryan and Edward Glazer and Darcie Glazer Kassewitz are open to offloading their shares.

Offers from the last round of bidding, a process run for the Glazers by New York merchant bank the Raine Group, were believed to have been worth a maximum of £5 billion.

That would have smashed the Premier League record of £2.5 billion paid for Chelsea last year by a consortium led by Los Angeles Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital, with a further £1.75 billion promised in investment in infrastructure and players.

- 'Dire need' -

The Manchester United Supporters' Trust (MUST) has called for a swift conclusion to the process to allow new owners to be in place for the summer transfer window.

"We are in dire need of new investment, which undoubtedly requires new ownership. MUST, along with United fans all around the world, are calling for this process to be concluded without further delay," the fans' group said in a statement.

United fans are believed to be planning a protest against the Glazers ahead of Sunday's match with Aston Villa at Old Trafford.

Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe made their third and final offers to buy Manchester United on Friday. Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family.

Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe made their third and final offers to buy Manchester United on Friday. Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family. While Sheikh Jassim's latest offer is reported to be over £5 billion ($6.2 billion), the size of Ratcliffe's improved bid was yet to be made public when Friday's deadline for the third round of bidding passed at 2100 GMT. Sources said Sheikh Jassim's bid for 100 percent control of the club comes with the promise of significant additional funding for transfers and infrastructure. The spending would include either redeveloping United's out-dated Old Trafford stadium or build a new ground, along with overhauling the club's training facilities. Sheikh Jassim has submitted his final bid for Manchester United. 🚨🔴🇶🇦 #MUFC In addition to figure to buy the Club, Qatari’s proposal also includes a plan to invest a further significant amount of additional capital and infrastructure investment into the Club directly. pic.twitter.com/evTWGUZmaK — Fabrizio Romano (@FabrizioRomano) April 28, 2023 × Sheikh Jassim's bid also promises to erase United's $620 million debt. ALSO READ: Serie A: Naples ready for Napoli's coronation as fans get ready for big celebration ahead of title clincher INEOS chemical company founder Ratcliffe, a boyhood United fan who failed in his attempt to buy Chelsea last year, reportedly wants to purchase a controlling stake in United of more than 50 per cent. Sir Jim Ratcliffe’s INEOS group third bid for Manchester United has also been submitted. 🚨🔴 #MUFC pic.twitter.com/m8vIkElKsX — Fabrizio Romano (@FabrizioRomano) April 28, 2023 × That would allow United's executive co-chairmen Joel and Avram Glazer to remain as shareholders with a 20 percent stake, which has raised concerns among a fanbase tired of the Americans' controversial reign. The Glazers reportedly want a world record £6 billion fee for a sports club before they agree to sell the Old Trafford outfit, raising the possibility they might not accept either Sheikh Jassim's offer or Ratcliffe's approach. Deeply unpopular with supporters since they saddled the club with debt in a £790 million leveraged takeover in 2005, the Glazers appeared ready to cash out at an enormous profit when they first invited external investment in November. However, Elliot Investment Management and The Carlyle Group are among the private equity firms in the market for a minority stake that could allow the Glazers to retain control and provide the funding for investment in the club's infrastructure. Avram and Joel Glazer are reportedly keen to hold on to their stakes in United, while siblings and fellow directors Kevin, Bryan and Edward Glazer and Darcie Glazer Kassewitz are open to offloading their shares. Offers from the last round of bidding, a process run for the Glazers by New York merchant bank the Raine Group, were believed to have been worth a maximum of £5 billion. That would have smashed the Premier League record of £2.5 billion paid for Chelsea last year by a consortium led by Los Angeles Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital, with a further £1.75 billion promised in investment in infrastructure and players. - 'Dire need' - The Manchester United Supporters' Trust (MUST) has called for a swift conclusion to the process to allow new owners to be in place for the summer transfer window. "We are in dire need of new investment, which undoubtedly requires new ownership. MUST, along with United fans all around the world, are calling for this process to be concluded without further delay," the fans' group said in a statement. United fans are believed to be planning a protest against the Glazers ahead of Sunday's match with Aston Villa at Old Trafford.

Jim Ratcliffe, Sheikh Jassim submit final bids to buy Manchester United from Glazer family

Manchester United fans gathered outside Old Trafford Tuesday (December 27) night to continue their vocal protest in effort to get the Glazer family ownership group to sell the popular franchise.

Manchester United fans continue their protest against the Glazer family

On Wednesday (November 23), Manchester United's American owners, the Glazers family, confirmed that they are aiming to explore the possible sale of the Old Trafford club; putting an end to their 17-year-long reign in the process. Now, some reports have suggested that David Beckham -- former England captain and Man United midfielder -- is open for holding talks with potential bidders with his former club up for grabs.&nbsp;

As per the Financial Times, the 47-year-old Beckham is up for entering discussions with those who are serious about a possible takeover. In return, he will offer financial and public support. In addition, it states that as Beckham would not be able to afford to buy the club himself, he is willing to become a part of an “investment consortium”. Beckham - co-owner of MLS club Inter Miami CF - has been approached by several interested parties in the past as well, however, nothing materialised out of those discussions.&nbsp;It is to be noted that the Glazers family reportedly wish to hold out for around a whopping £5billion, after their £790million purchase back in 2005.

Also read:&nbsp;<a href="https://www.wionews.com/sports/manchester-uniteds-american-owners-consider-to-sell-club-536632">Manchester United's American owners, the Glazer family, plans to sell club</a>

Avram Glazer and Joel Glazer, executive co-chairmen and directors of the United, said in a statement, "As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic alternatives. It added,&nbsp;"We will evaluate all options to ensure that we best serve our fans and that Manchester&nbsp;United&nbsp;maximizes the significant growth opportunities available to the club today and in the future."

The Man United owners have been facing the heat ever since the club has been going through a barren run. They have gone five years without clinging a trophy with their last silverware coming in 2017 when they won the&nbsp;Europa League and League Cup. Last year, they finished sixth in EPL 2021/22 and failed to qualify for the Champions League. In the ongoing EPL season, the Erik Ten Hag-led United are currently at the fifth position. However, much has been said and written about the functioning of the club ever since the Dutchman took over.

Erik's strained relationship with Cristiano Ronaldo became a huge talking point in the last few months before Ronaldo's recent explosive interview with Piers Morgan led to his eventual ouster from the Old Trafford club on Tuesday (November 22). He had even claimed that his equation with the owners wasn't at its best. Amid all the drama, Beckham's inclusion might work wonders given his history with the club and his overall stature.

On Wednesday (November 23), Manchester United's American owners, the Glazers family, confirmed that they are aiming to explore the possible sale of the Old Trafford club; putting an end to their 17-year-long reign in the process.

On Wednesday (November 23), Manchester United's American owners, the Glazers family, confirmed that they are aiming to explore the possible sale of the Old Trafford club; putting an end to their 17-year-long reign in the process. Now, some reports have suggested that David Beckham -- former England captain and Man United midfielder -- is open for holding talks with potential bidders with his former club up for grabs. As per the Financial Times, the 47-year-old Beckham is up for entering discussions with those who are serious about a possible takeover. In return, he will offer financial and public support. In addition, it states that as Beckham would not be able to afford to buy the club himself, he is willing to become a part of an “investment consortium”. Beckham - co-owner of MLS club Inter Miami CF - has been approached by several interested parties in the past as well, however, nothing materialised out of those discussions. It is to be noted that the Glazers family reportedly wish to hold out for around a whopping £5billion, after their £790million purchase back in 2005. Also read: Manchester United's American owners, the Glazer family, plans to sell club Avram Glazer and Joel Glazer, executive co-chairmen and directors of the United, said in a statement, "As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic alternatives. It added, "We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club today and in the future." The Man United owners have been facing the heat ever since the club has been going through a barren run. They have gone five years without clinging a trophy with their last silverware coming in 2017 when they won the Europa League and League Cup. Last year, they finished sixth in EPL 2021/22 and failed to qualify for the Champions League. In the ongoing EPL season, the Erik Ten Hag-led United are currently at the fifth position. However, much has been said and written about the functioning of the club ever since the Dutchman took over. Erik's strained relationship with Cristiano Ronaldo became a huge talking point in the last few months before Ronaldo's recent explosive interview with Piers Morgan led to his eventual ouster from the Old Trafford club on Tuesday (November 22). He had even claimed that his equation with the owners wasn't at its best. Amid all the drama, Beckham's inclusion might work wonders given his history with the club and his overall stature.

David Beckham up for talks with potential bidders as Man United owners planning to sell club - Report

Manchester United co-chairman Avram Glazer has acquired a franchise in the United Arab Emirates'&nbsp;inaugural T20 Cricket League, the Emirates Cricket Board said on Wednesday.

The Glazer family, who also own National Football League (NFL) team Tampa Bay Buccaneers, have made their first foray into cricket by acquiring one of the six franchises in the league through their company Lancer Capital.

A member of the Glazer family was also among the bidders when two new Indian Premier League (IPL) franchises were unveiled in October but was unsuccessful with a bid.

ALSO READ:&nbsp;<a href="https://www.wionews.com/sports/ipl-retention-anil-kumble-reveals-pbks-wanted-to-retain-kl-rahul-explains-why-star-batter-decided-to-leave-433287">IPL retention: Anil Kumble reveals PBKS wanted to retain KL Rahul, explains why star batter 'decided to leave'</a>

"I am very excited to be a part of UAE T20 at its formation. UAE T20 promises to be a world-class event that will be transformative to the growth of cricket in the Emirates," Glazer said in a statement.

The newly established tournament with six franchise teams is set to be staged across the UAE in February and March next year.

Manchester United co-chairman Avram Glazer has acquired a franchise in the United Arab Emirates' inaugural T20 Cricket League, the Emirates Cricket Board said on Wednesday.

Manchester United co-chairman Avram Glazer has acquired a franchise in the United Arab Emirates' inaugural T20 Cricket League, the Emirates Cricket Board said on Wednesday. The Glazer family, who also own National Football League (NFL) team Tampa Bay Buccaneers, have made their first foray into cricket by acquiring one of the six franchises in the league through their company Lancer Capital. A member of the Glazer family was also among the bidders when two new Indian Premier League (IPL) franchises were unveiled in October but was unsuccessful with a bid. ALSO READ: IPL retention: Anil Kumble reveals PBKS wanted to retain KL Rahul, explains why star batter 'decided to leave' "I am very excited to be a part of UAE T20 at its formation. UAE T20 promises to be a world-class event that will be transformative to the growth of cricket in the Emirates," Glazer said in a statement. The newly established tournament with six franchise teams is set to be staged across the UAE in February and March next year.

Manchester United co-chairman Avram Glazer buys a franchise in UAE's inaugural T20 league

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Jim Ratcliffe, Sheikh Jassim submit final bids to buy Manchester United from Glazer family

Manchester United fans continue their protest against the Glazer family

David Beckham up for talks with potential bidders as Man United owners planning to sell club - Report

Manchester United co-chairman Avram Glazer buys a franchise in UAE's inaugural T20 league