Glazers plotting to sell £610m of Manchester United shares in Singapore

16 August 2011 14:15
Manchester United are planning to raise ?610million ($1billion) by selling shares on the Singapore stock market, according to reports. [LNB] The Wall Street Journal has reported that the Barclays Premier League champions will carry out an initial public offering (IPO) in the Asian state later this year. [LNB]It has been reported that the club were planning to sell shares in Hong Kong but have now switched their attention to Singapore. [LNB] Protest: The Glazers have been unpopular owners of Manchester United[LNB]United were listed on the London Stock Exchange until being taken over by the Glazer family in a deal worth close to ?800million in 2005. [LNB]United have not commented on the reports.  [LNB] Crisis, what crisis? Smalling confident he and Jones can replaced injured Vidic and FerdinandLindegaard ready to be United's No 1 after De Gea's poor start at Old TraffordYoung calls on United to use West Brom win as inspiration for title defenceAll the latest Manchester United FC news, features and opinion[LNB]

Source: Daily_Mail