British billionaire Jim Ratcliffe buys 25 percent stake in Man United

MANCHESTER, United Kingdom – British billionaire Jim Ratcliffe struck a long-awaited deal on Sunday to buy a 25 percent stake in Manchester United and pledged to invest $300 million in the English Premier League soccer club to try to revive its fortunes. The deal, which will also see Ratcliffe’s INEOS group take over management of the club’s soccer operations, ends more than a year of uncertainty…

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