British billionaire Jim Ratcliffe has confirmed he has submitted an improved second bid to buy Manchester United.

American merchant bank Raine had given bidders more time to fine-tune proposals by extending Wednesday night’s deadline for the latest round of offers for the Premier League club.

“Sir Jim Ratcliffe and INEOS can confirm we have submitted a revised bid,” INEOS said Thursday.

Sheikh Jassim bin Hamad Al Thani is also set to submit a fresh offer and appears to be the main rival to Ratcliffe in the battle to buy Manchester United from the Glazer family.