Sheikh Jassim yet to receive an answer following his final Manchester United bid

<p>Sources close to Sheikh Jassim report that he is still waiting to hear if his final bid for Manchester United has been accepted.</p>

<p>Recent reports within Qatar had indicated that the Sheikh's bid - which is for 100 per cent of the club - had seen off the bid from Ineos founder Sir Jim Ratcliffe.</p>

<p>However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a 'holding pattern'. They expect the next step will be for the United board to meet and consider both bids.</p>

<p>United have been approached for comment.</p>

<p>Sheikh Jassim's fifth bid was made last week, but at the same time it was made clear to the Glazer family - who own the club - and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday.</p>

<p>The Qataris are eager to get the deal done with the summer transfer window about to kick into gear.</p>

<p>Sheikh Jassim's bid is understood to be a fully cash deal for 100 per cent of the club, and that all United's debts would be cleared.</p>

<p>Sources close to the Sheikh's bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs.</p>

<p>The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February.</p>

<p>There have been reports that Ratcliffe's offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this.</p>

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