Manchester United Announces Deal to Sell up to 25 percent of EPL Club to UK Billionaire Jim Ratcliffe

Manchester United Announces Deal to Sell up to 25 percent of EPL Club to UK Billionaire Jim Ratcliffe
Sir Jim Ratcliffe looks on ahead of the French League One soccer match between Nice and Paris Saint Germain in Allianz Riviera stadium in Nice, southern France, on Oct.18, 2019. Daniel Cole/AP Photo
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MANCHESTER, England—After failing to win the Premier League in the last 10 years, Manchester United announced Sunday that it had agreed to sell a minority stake in the storied club to Jim Ratcliffe in a deal that would also see the British billionaire and boyhood fan take control of its soccer operations.

“We all want to see Manchester United back where we belong, at the very top of English, European and world football,” Sir Ratcliffe said Sunday.