Sheikh Jassim is yet to make a second offer for Manchester United.
The Daily Mail says it had been thought that the team working on an offer from Sheikh Jassim bin Hamad al-Thani would submit their bid before close of business on Friday.
However, late on Friday night it had failed to land in the US.
The offer will be forthcoming and that the finer details were being ironed out. The US merchant bank Raine, which is running the process, had granted further time following Wednesday night's initial 'soft' deadline, and will wait on the bid's arrival.
But the delay has done little to boost the chances of the Qatar group. The opposing offer from Ineos supremo Sir Jim Ratcliffe was submitted on Thursday, after they were also given an extension.
Those close to the process insist that the Glazer family, who own United, have set a price for the club. However, there remains concern that they will seek an unrealistic sum north of 6bn.
The Ratcliffe offer was thought to be around 5bn and the Qatar offer, when it finally drops, is expected to be similar.
