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Would-be Manchester United owners could submit revised bids by end of the week

Manchester United bidders will be asked to submit revised bids when the second stage of the takeover process ends, reports ESPN.

The process could conclude by the end of the week, with meetings between the club and bidders ongoing.

Man United have focused on explaining the club’s valuation to potential buyers and investors.

The Glazers want around £6 billion to sell the club. However, they have been underwhelmed by the opening expressions of interest.

Man United will explain to the interested parties how they have arrived at that price.

The Red Devils’ global fanbase in comparison to Manchester City, Liverpool and Chelsea will be highlighted.

It is believed that the club have around one billion supporters around the world.

The Glazers have put that into consideration as they look to get maximum value for their prized possession.

Sheikh Jassim bin Hamad Al Thani and British billionaire Sir Jim Ratcliffe are willing to complete a full takeover.

Elliott Investment Management are interested in acquiring a minor investment.

Meetings started with the representatives of the interested parties at the start of the week.

They will be shown the club’s facilities at Old Trafford and the Carrington training base.

Considering the amount it would take to make major upgrades across all facets of the club, Sheikh Jassim is not willing to overpay for Man United.

Ratcliffe probably shares the same sentiment despite being a boyhood fan.

Their revised bids are expected in the coming days, which will determine plenty of things.

The Glazers will make a decision afterwards, and it will be intriguing to see what happens next.