Talks between the Glazers and the US firm looking to buy a slice of Manchester United are focused on how much money the family will get for their shares, with no immediate plans for fresh money to be pumped into the club.
The news will come as a blow to long-suffering fans hoping new investors might inject much-needed funds to revamp Old Trafford and the Carrington training ground, or provide a bigger transfer kitty.
Sportsmail exclusively revealed on Thursday that New York-based private equity group Apollo were in discussions with the Glazer family about taking a minority stake in United.