Sir Jim Ratcliffe agrees deal to buy 25% stake in Manchester United | BBC News

British billionaire Sir Jim Ratcliffe has agreed to buy a 25% stake, worth about £1.25bn, in Manchester United. As part of the deal, Ratcliffe's Ineos Group will take control of the club's football operations. Ratcliffe, 71, will also provide $300m (£236m) for future investment into Old Trafford. The announcement comes 13 months after the club's owners, the Glazer family, stated they were considering selling to "explore strategic alternatives". Subscribe here: http://bit.ly/1rbfUog For more news, analysis and features visit: www.bbc.com/news #BBCNews