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Man United sale: Qatari sheikh to launch improved bid, Sir Jim Ratcliffe expected to make offer

A consortium led by Qatari banker Sheikh Jassim bin Hamad Al-Thani will make an improved bid on Wednesday to buy Manchester United, sources have told ESPN.

The offer, which follows a 10-hour meeting held with the club last Thursday, will be submitted to Raine Group before the 9 p.m. UK deadline.

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British billionaire Sir Jim Ratcliffe is also expected to submit a bid on Friday after similar meetings held at Old Trafford and United's Carrington's training base.

Sources have told ESPN that Raine Group expect other bids -- not yet made public -- to be submitted while parties interested in minority investment rather than a full takeover, including U.