Sheikh Jassim bin Hamad al Thani of Qatar has submitted an improved bid to buy Manchester United, which many reports state is worth around £5.5billion.
As before, his latest offer includes a promise to clear all of United's debt and includes a separate fund directed solely for the club and the surrounding community.
There has been growing confidence behind Sir Jim Ratcliffe's bid in recent weeks, but Sheikh Jassim remains committed to taking control of the club from the Glazers, who supporters have regularly protested against. ALSO READ: United have three transfer priorities this summer Ratcliffe and Sheikh Jassim submitted their supposedly final bids last month but the Qatari bid has been improved at the eleventh hour.
Sheikh Jassim was the first prospective owner to publicly confirm a bid during the first round back in February and he was soon joined by Ratcliffe, Britain's richest man and Manchester-born owner of chemical company INEOS.