Sao Paulo are ready to offer Manchester United target Lucas Moura a new improved deal in a bid to keep him at the club.

United have made the highly-rated winger one of their top targets this summer and have already seen one bid for Lucas rejected by Sao Paulo.

Lucas, who is currently away with Brazil at the Olympics, has revealed he will not make a decision on his future until after the Games in London.

Sao Paulo's director of football, Adalberto Baptista, has admitted they may look to extend the 19-year-old's contract as they look to fend off United's interest in the attacker.

"It's possible we change his contract," Baptista told UOL. "He has four more years of contract. We may call him to extend, renegotiate his contract, maybe for 18 more months".

Baptista also played down rumors that Lucas' parents had traveled to England to hold talks with United, insisting it was only to watch their son in the Olympics.

"His family went to England just to watch the Olympics, they had already told us they would," added Baptista.

"They want to follow their son, like any parents would in a competition like that. There is no negotiation, no talks, anything.

Lucas has found himself playing a bit-part role for Brazil at the Olympics and Baptista feels the player should be playing more than he has so far in the tournament.

"Lucas is now focused and it's in our interest he shows his best football, even though he is not being given as much playing time as he should at the national team, but that's just my personal opinion," concluded Baptista.