Both British billionaire Ratcliffe and Sheikh Jassim are believed to have tabled offers of around £5bn, with United unable to get either party to raise their offers higher.
But the same report has indicated that the Glazers may choose to hold onto the club until there is more demand, particularly now that the Manchester outfit has returned to the Champions League.
In a somewhat contrasting version of events, however, Italian journalist Fabrizio Romano told GIVEMESPORT that the sale process is continuing behind the scenes and that a critical moment in the takeover is upon us.
Meanwhile, CBS Sport are claming there is a “mixed narrative” over the apparent lack of progress with the buyers and sellers pointing the finger at each other for the impasse.