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Seconds out, round three - what is happening with the Man Utd sale?

It is 142 days since the Glazer family said they were considering selling Manchester United.

The process has been protracted, as you might expect for a potential £6bn transaction, culminating on Wednesday with a vocal bidder pulling out.

"The bidding is turning into a farce, with the Glazers giving no respect to the club," Finnish entrepreneur Thomas Zilliacus said.

Zilliacus' involvement has not exactly been taken seriously by those involved in the process but his words have resonated, with many starting to wonder: what is going on?

What do we know about why this has gone to a third round of bidding?