The next steps in the Manchester United sale process are reportedly expected to be communicated by Raine at some stage this week.
It is approaching a fortnight since the extended Friday, March 24, deadline for official offers to be made. Sheikh Jassim bin Hamad Al Thani's Nine Two Foundation, INEOS led by Sir Jim Ratcliffe and Thomas Zilliacus' XXI Century Capital all made bids last month.
American hedge fund Elliott are another interested party in the market for a minority stake. Here are the latest United takeover headlines: