The Glazer family have rejected a £1.5 billion offer for Manchester United. The Red Knights were understood to be planning a £1.2bn offer for the club this summer.

But news of the Glazers' reluctance to accept a higher offer, believed to be from a Middle East consortium last year, is a massive stumbling block for supporter hopes of buying the club.

United supporters have shown their discontent for the Glazer regime with their 'green and gold' protests at Old Trafford this season.

As well as the £1.5bn bid, it is also claimed that the Glazers have rejected a number of other offers in excess of £1bn during recent months.