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Qatari Man United takeover bidder Sheikh Jassim's 'Nine Two Holdings' officially becomes a UK company to set fans' tongues wagging... but it isn't an indicator of major progress on deal

Manchester United takeover bidder Sheikh Jassim's Nine Two Holdings has become an official UK company.

Sheikh Jassim has been at the forefront of a Qatari-based bid to buy the Old Trafford club in recent months.

It is now a straight battle between Sheikh Jassim and Sir Jim Ratcliffe's Ineos company to replace the Glazers, and after several rounds of bidding it appears a final decision on the takeover is imminent.

It was reported earlier this week that Sheikh Jassim's bid had come out on top, and United legend Rio Ferdinand recently claimed that the Qatari's offer would 'go through' after Sheikh Jassim made a dramatic late bid of £6m.