With United engulfed by crisis under the management of co-owner Sir Jim Ratcliffe, it had emerged over the second-half of the season that Sheikh Jassim may offer the billionaire an escape route out of Old Trafford.
However, the Daily Mail says Sheikh Jassim and his Qatari-based group have no plans of reviving negotiations for United.
Sheikh Jassim was only interested in buying the club outright, with Ratcliffe winning the bid battle after agreeing to take a minority stake in the club in partnership with owners, the Glazer family.
For his part, Sheikh Jassim had plans to buy United for £5bn and immediately wipe debts. His confidants have also insisted the plan was to expand staff and increase the transfer budget - in stark contrast to Ratcliffe's management approach.