Sir Jim Ratcliffe has warned that he will not pay a 'stupid price' to buy Manchester United from the Glazer family.

Ratcliffe is one of two bidders who have gone public with their offers to buy the club, alongside Qatar's Sheikh Jassim bin Hamad Al Thani, although numerous other proposals are believed to have been submitted behind the scenes.

Sources have told 90min that the Glazers are holding out for an offer of around £6bn and have encouraged bidders to increase their proposals after talks and a presentation at Old Trafford.