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

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16 Aug 2011 14:15:24

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

Manchester United are planning to raise ?610million ($1billion) by selling shares on the Singapore stock market, according to reports. 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. It has been reported that the club were planning to sell shares in Hong Kong but have now switched their attention to Singapore. Protest: The Glazers have been unpopular owners of Manchester United 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. United have not commented on the reports.   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


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