Sir Jim Ratcliffe was at Old Trafford on Friday for Manchester United takeover talks.
The British billionaire – an avowed United fan – and Qatari banker Sheikh Jassim Bin Hamad Al Thani have made offers to buy the Premier League giants.
Ratcliffe owns global chemicals company INEOS and owns Swiss side Lausanne Sports and Ligue 1 Nice.
The 70-year-old was pictured outside the Theater of Dreams ahead of talks with Man United chief executive Richard Arnold.
INEOS co-owners Andy Currie and John Reece and former UK cycling chief Sir David Brailsford, now director of sport at INEOS Sport, were also present.
Ratcliffe and his team also spent time at United’s Carrington training ground, where they received introductions and met manager Erik ten Hag.
Ten Hag said in his press conference ahead of Sunday’s FA Cup clash with Fulham: “I’ve just met them, we’re shaking hands, but I’m focused on the game. We’re playing a big game on Sunday and all our focus is on that.Other members of the club are dealing with potential investors.
Talks with Ratcliffe followed those of representatives of another potential owner, Sheikh Jassim Bin Hamad Al Thani, on Thursday.
It is understood the Qataris had constructive meetings with the club during a ten-hour visit.
The Glazers, who currently own the Red Devils, have set an asking price of £6billion and both confirmed offers have fallen below that valuation.
After meeting the club, Sheikh Jassim and Ratcliffe will be asked to submit revised offers to conclude the second stage of the process.
The Glazers announced in November that they were exploring “strategic alternatives” which could include a full sale.
However, it has been suggested that the American family will retain control of the club and seek minority investment after being let down by offers.