After receiving multiple bids to sell the team, the Glazer family have an opportunity to remain as owners of Manchester United.
According to Mark Ogden of ESPN, American hedge fund Elliott Management has offered to provide financial backing to co-chairpeople Joel and Avram Glazer, which would allow them to retain ownership.
The news comes after Sheikh Jassim Bin Hamad Al Thani and British billionaire Sir Jim Ratcliffe have each placed bids on the club to become majority owners, via Rob Dawson of ESPN.
The latest proposal from Elliott Management's is for "possible financing, not a bid for the club," per Ogden.