Bids of more than £5bn to buy Manchester United are expected before the deadline of 9pm tonight.
There will be at least five bids and there could be as many as eight before the Raine group - who are marketing the sale - closes for business at 5pm in New York (9pm UK time).
Not all of those bids are to buy the club outright, though, with at least half expected to be from those interested in a minority stake or those who are willing to provide financing options for other parties.
Sheikh Jassim bin Hamas Al Thani and Sir Jim Ratcliffe are the leading contenders but there is no favourite at present, with the highest first-round bids having valued the club at around £4.5bn - well short of the Glazer family's £6bn asking price.
Other known bidders so far include Elliott Management, while Ares, MSD Partners and Oaktree Capital are also said to be interested.

