Manchester United's sale process is reportedly expected to enter a third round of bidding.

Last year, the Glazer family revealed that they would be exploring "strategic alternatives" for the club that included looking at the possibility of a full sale or fresh investment.

Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe have emerged as the front runners after two rounds of bidding.

Ratcliffe wants to buy the majority share that is owned by the Glazers, while Sheikh Jassim's offer is for 100% of the club.

The pair missed the deadline for the second round of offers last month, but they were given an extension to submit improved bids for the 20-time English champions.

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In total, there are believed to be seven interested parties, who want to buy Man United or obtain a minority stake in the club.

According to the Daily Mail, prospective buyers have now been informed that there will be a third and final round of bidding.

The Raine Group, who are handling the sale on the Glazers' behalf, have provided the interested parties with two deadlines.

The first is set for next week and is related to due diligence, while the second deadline of April 28 is for final bids to be submitted.

The decision to send the process into another round suggests that the Glazers are still yet to receive their asking price, which is believed to be £6bn.

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There is also a growing belief that the Glazers are pushing for a complete sale of the club rather than a minority investment.

Nevertheless, potential investors remain in the process, including US-based hedge fund Elliott Management, who previously owned AC Milan.

They are interested in acquiring a minority stake in the club, and like many other bidders, they were recently shown around Old Trafford and the Carrington training complex.

Finnish entrepreneur Thomas Zilliacus is also involved in the process after revealing that he has submitted an offer to buy the club.