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.