Soccer Football - Champions League - Group A - Manchester United v Bayern Munich - Old Trafford, Manchester, Britain - December 12, 2023 General view of a corner flag inside the stadium before the match Action Images via Reuters/Jason Cairnduff
(Reuters) -British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25% 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 after majority owners, the Glazer family, said in November 2022 they were looking at strategic options.
