
A new fan-based group is planning to bid for Manchester United.
Bids from British billionaire Jim Ratcliffe and a Qatar investment group so far appear to be the favourites in the fight for ownership of Man United.
But another bid has reportedly emerged from fan-led group Red Devils United.
CBS reports that the group are "developing" an offer for the club.
They said they want to use "the collective power of Manchester United supporters to regain control of the club that they love."
The bid is believed to be a mix of private investors and fan-funding.
Any fans backing the group are being asked to buy NFTs in return for "membership and some control over decision making."
Red Devils United are yet to formally enter the bidding process.
They said: "This will be the first time the club has heard of this project. We will send details of this proposal to Manchester United and will invite questions from the club, their representatives and the fanbase."
Group representative Lorenzo Alessi added: The mission behind Red Devils United is to revolutionise and democratise elite sports ownership by giving supporters a voice at the highest levels of the game
