Manchester United to sell share on Singapore stock market say reports

Pa
Tuesday 16 August 2011 09:48 EDT
Comments
United will look to raise £610m
United will look to raise £610m (GETTY IMAGES)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Manchester United are planning to raise one billion US dollars (£610million) 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.

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.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in