Investors linked to the Qatari royal family are likely to make a bid for Manchester United before the end of this week.
A definite decision has not been made yet but Sky Sports News has been told a bid is likely.
Raine Group have asked interested parties to submit their bids by the soft deadline of this Friday. The bids will be one paragraph with the amount and proof of funds.
The Qatari bid has nothing to do with Paris Saint-Germain owners Qatar Sports Investments or PSG president and QSI chairman Nasser Al-Khelaifi.
The Qatari investors were contacted late last year to see if they would be interested in buying the club. Although they are interested, they will not overpay for the club. United owners the Glazer family are believed to be looking for a sale price of at least £5b.
Qatar has made no secret of the fact it wants to invest in more sports to build on what it sees as the success of the World Cup. Raine Group are expected to select two or three preferred bidders from the offers.
The ruler of Qatar Sheikh Tamim bin Hamad Al-Thani is said to be a Manchester United supporter.
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