Manchester United: Sir Jim Ratcliffe Agrees Deal To Buy 25% Stake

British billionaire Sir Jim Ratcliffe has agreed to buy a 25% stake in Manchester United for about $1.3bn (£1.03bn).

Ratcliffe's Ineos Group will take control of football operations.

The 71-year-old will also provide $300m (£236m) for future investment into the club's Old Trafford stadium.