The decision of Glazer's bankers JP Morgan to drop him as a client had seemingly doomed any prospect of a takeover, but he now has new backers according to the BBC website.
Newspaper reports claim Glazer has held talks with Deutsche Bank and a source claimed a new deal "could have legs".
Both the Daily Mail and the Independent newspapers report that Deutsche Bank may now step in, and United are growing frustrated at the lack of clarification coming from the Glazer camp.
Former Football League chairman Harris brokered Roman Abramovich's takeover of Chelsea last year.
He is now advising Manchester United fans in their campaign to make sure Glazer does not take control of United.
And Harris believed banks would be reluctant to lend the American the funding for a hostile takeover as the cost and risks are high.
The club rejected Glazer's initial takeover approach because his bid was based on too much borrowed money.
Glazer, who owns 28.11 per cent of United's shares, maintained his pressure on the club by blocking the re-election of three directors on Friday.
