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Manchester United: US investment firm Elliott Management submit minority offer for club

Elliott Management have offered to provide financing for a bid for Manchester United, but have dismissed reports that they made a bid for 60 per cent control.

The US-based company submitted a proposal to United’s bankers Raine Group last month offering to provide financing to buy the club from the Glazers.

Sportsmail reported they would also consider funding a stadium overhaul if the Americans opt to retain control or sell to another party.

Qatar's Shiekh Jassim bin Hamad al-Thani and British billionaire Sir Jim Ratcliffe's INEOS were confirmed to have made offers for the Red Devils, and are now waiting for responses from Raine Group who are the merchant bank dealing with the sale.