Manchester United owners, the Glazer family have decided to sell a significant share of the club to clear their debt of $515m or to help them minimise it.
BBC reported that the club has launched an application for joining the Singapore Stock Exchange, told to be completed early in November.
After a sale of 25-30 percent of those shares, it could raise upto $600m, meaning that no outsider can take over the club. Manchester United are willing to control their debt with their sales.
BBC reported that the club has launched an application for joining the Singapore Stock Exchange, told to be completed early in November.
After a sale of 25-30 percent of those shares, it could raise upto $600m, meaning that no outsider can take over the club. Manchester United are willing to control their debt with their sales.
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