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Manchester United's takeover explained: Bids, fan backlash and what's next

It started with a statement.

In November, while the eyes of the football world were watching the World Cup in Qatar, the Glazer Family made the surprise announcement that Manchester United could be up for sale. The board, led by Joel and Avram Glazer, revealed they would consider "all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company."

But it's been 158 days since that Glazers' statement and the takeover process, being handled by merchant bank The Raine Group, has not reached a conclusion.