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US investment firm Elliott Management submit minority offer for Man United... and are willing to help finance the £2bn redevelopment of Old Trafford even if they fail with their bid

Elliott Management have made a minority offer for Manchester United, but the US investment firm have dismissed reports they have 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.