JOEL and Avram Glazer could launch a shock bid to keep control of Manchester United by buying out their four siblings.
The co-chairmen are regarded as reluctant to sell the club as bidders prepare for Friday’s “soft” deadline.
Qatar Investment Authority are expected to make an approach worth around £5billion.
But the Manchester Evening News say Joel and Avram are “exploring” ways of retaining a majority stake.
Siblings Bryan, Edward, Darcie and Kevin are United directors.
Avram was in Qatar last week – with talk of selling a minority share to investors there.
The Glazers revealed in November they would consider “all strategic options” – including investment or an outright sale.
Red Devils‘ fan Sir Jim Ratcliffe, who is thought to be worth £6.33bn, is keen to bid.
But he could face tough opposition from the Middle East and even the USA.
Potential investors are reportedly fighting to persuade David Beckham to back their bid.
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But it’s understood the Old Trafford legend has resisted all approaches so far.
The Telegraph claim a full bid for United will come from Qatar this week.
But Uefa rules banning two clubs with the same owners competing in the same tournaments are a major stumbling block.
That’s because Qatar Sports Investment already own PSG.
The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, would hope to avoid that problem with an offer from investors separate to the French club’s owners.