<p>Bids from Qatar's Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe to buy Manchester United have progressed to the next stage of a potential takeover, according to reports on Sunday.</p>.<p><em>Sky Sports</em> and <em>The Telegraph</em> said the bidders will now have the opportunity to conduct due diligence on the club by accessing detailed financial information.</p>.<p>Neither bid has reportedly met the £6 billion ($7.2 billion) asking price of current owners the Glazer family.</p>.<p>The Americans have been deeply unpopular with United fans since burdening the club with huge debts via a leveraged £790 million takeover in 2005.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/sports/football/arsenal-seal-last-gasp-win-in-thriller-1197331.html" target="_blank">Arsenal seal last-gasp win in thriller</a></strong></p>.<p>The Glazers have also overseen a major decline in United's fortunes on the field.</p>.<p>Victory over Newcastle in last weekend's League Cup final was the English giants' first trophy for six years and they last won the Premier League title a decade ago.</p>.<p>Qatari banker Sheikh Jassim is aiming to take 100 percent control of the 20-time English champions and has earned support from some fans by pledging to wipe out United's debt.</p>.<p>However, the Manchester United Supporters' Trust has expressed concern over Qatar's human rights record and the sporting integrity of owning both the Red Devils and French giants Paris Saint-Germain.</p>.<p>Ratcliffe's INEOS company is looking to gain majority control of United by buying out the stake held by the Glazer family.</p>.<p>A self-proclaimed United fan, Ratcliffe is one of the UK's wealthiest people with an estimated net worth of £12.5 billion due to the success of his global chemical company.</p>
<p>Bids from Qatar's Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe to buy Manchester United have progressed to the next stage of a potential takeover, according to reports on Sunday.</p>.<p><em>Sky Sports</em> and <em>The Telegraph</em> said the bidders will now have the opportunity to conduct due diligence on the club by accessing detailed financial information.</p>.<p>Neither bid has reportedly met the £6 billion ($7.2 billion) asking price of current owners the Glazer family.</p>.<p>The Americans have been deeply unpopular with United fans since burdening the club with huge debts via a leveraged £790 million takeover in 2005.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/sports/football/arsenal-seal-last-gasp-win-in-thriller-1197331.html" target="_blank">Arsenal seal last-gasp win in thriller</a></strong></p>.<p>The Glazers have also overseen a major decline in United's fortunes on the field.</p>.<p>Victory over Newcastle in last weekend's League Cup final was the English giants' first trophy for six years and they last won the Premier League title a decade ago.</p>.<p>Qatari banker Sheikh Jassim is aiming to take 100 percent control of the 20-time English champions and has earned support from some fans by pledging to wipe out United's debt.</p>.<p>However, the Manchester United Supporters' Trust has expressed concern over Qatar's human rights record and the sporting integrity of owning both the Red Devils and French giants Paris Saint-Germain.</p>.<p>Ratcliffe's INEOS company is looking to gain majority control of United by buying out the stake held by the Glazer family.</p>.<p>A self-proclaimed United fan, Ratcliffe is one of the UK's wealthiest people with an estimated net worth of £12.5 billion due to the success of his global chemical company.</p>