Zahavi is a pal of United manager Sir Alex Ferguson and helped bring Ferdinand Juan Sebastian Veron to Old Trafford, according to the People.
The veteran agent has put together a team of foreign investors who have put a 10-figure sum in a Swiss bank account, that will be used to buy United.
The group has already produced proof of the funds, something rival bidders, the Red Knights, have not done.
Manchester United will cost any interested buyer at least £1bn, but the Glazer Family have indicated that they are not interested in selling.
