MUST demand full United flotation

Published Add your comment

Football News

The Manchester United Supporters Trust have called on the Glazer family to launch a full flotation of the Old Trafford outfit, amid reports that their planned initial public offering (IPO) launch in New York has been shelved.

First in Hong Kong and Singapore, then New York, it has seemed the Glazer family have been looking to raise additional capital through a partial sale of the club.

It is estimated the debt incurred during their leveraged takeover in 2005 has so far seen in excess of £500million taken out of United to pay assorted fees and charges. And within their prospectus, it was admitted the club's present debt of £423million could hamper them in the transfer market.

Copyright (c) PA Sport 2012, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Premier League
Manchester United

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again