Manchester United are bracing themselves for a takeover with investors from Qatar set to table an astronomical bid to test the resolve of the club's owners. A new report from the UK has indicated that the group is ready to submit a mouth-watering offer to the Glazer Family, with the hope of preventing a bidding war with other potential buyers in the coming days.

Ahead of the mid-February deadline set by the Glazers for the sale of Manchester United, several entities are said to be readying themselves for tug-of-war set to unfold. Key among the interested parties tipped to potentially become the new owners of the Red Devils is Britain's richest man and owner of Ineos, Jim Ratcliffe, who publically revealed his desire to acquire the club back in January.

However, latest report from the UK suggests that the lifelong Manchester United fan could miss out on buying the club with following the interest of the group from Qatar. With a net-worth of over £335 billion, the investors are poised to match or topple the Glazers' asking price of £6billion, according to the Daily Mail. Should the acquisition be completed, they will look to redevelop Old Trafford and build new state-of-the-art facilities in the tune of £2billion.

"There are significant funds available," sources told the Daily Mail.

"These people are serious. They want to make sure that United are where they should be and they are confident theirs will be the strongest bid. They want to strengthen the squad to put them back at the top but they also want this to be for the good of the community.

"They also want to build on the success of the World Cup. They recognise that Manchester United is the biggest football club in the world, the crown jewels, and there is a steely-minded determination to buy it and get it to where it should be."

Just like Sir Jim Ratcliffe, the head of the Qatar monarchy - the Emir - Sheik Tamim bin Hamad Al Thani, is believed to be a staunch United fan who is familiar with the club's history. it is interesting to note that his decision to acquire the Premier League club comes on the back a failed attempt to takeover from the Glazer Family for a fee of £1bn back in 2011.

Meanwhile, manager Erik ten Hag is also believed to be in the plans of the Qatar investors. According to the Daily Mail, the Dutchman would be handed a huge transfer war-chest to revamp the squad should the takeover be completed. Although no deadline has been established for the completion of the takeover, the Qataris are eager for the operation to be wrapped up quickly.