Manchester United have sent a shirt sponsorship proposal to the Indian conglomerate Tata Group, reports The Independent. The Reds sent a shirt sponsorship proposal to another Indian company, the Sahara Group, in January and local media are reporting that United had also approached the Tata Group.
"It's reasonably right," a brand consultant of the Tata Group told Reuters.
"There are various sponsorship options, one for the team shirt. This has been going on for some time but nothing has been finalised."
Last month the chief executive of Malaysian budget airline AirAsia (AIRA) also said his company was pondering whether to become United's new shirt sponsor.
Saudi Telecom and British insurer Prudential have also been linked as potential backers of United, who rely on sponsorship for around a third of their revenue.