Manchester United's share price rose to $25.42 (£22.48) on Thursday morning amid reports that the takeover deadline has been extended to today.
The initial deadline for bids to be received by the Glazers was Wednesday, March 22 at 9pm. However, it was widely reported that the two publicly interested parties Sir Jim Ratcliffe and Sheikh Jassim had not submitted their proposals before this point.
While this had caused panic among some sections of the United fanbase, it is understood that both men have been handed an extension and that their proposals will be submitted on Thursday. At this stage, the exact figure of the bids is unknown but they are thought to be around the £5bn mark.
