British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United

British Billionaire Nears Deal to Acquire Minority Stake in Manchester United


Updated Dec. 24, 2023 10:36 am ET

British billionaire Jim Ratcliffe has struck an agreement to buy a minority stake in Manchester United in a deal that values the renowned soccer club at around $6.3 billion including debt and ends more than a yearlong sales process.

The deal is expected to be announced later Sunday.

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