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British billionaire Sir Jim Ratcliffe has agreed to buy a 25% stake worth about £1.25 billion ($1.3 billion) in Manchester United soccer club, the BBC reported Sunday.
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…
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