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Manchester United

September 21, 2011

Manchester United’s planned initial public offering has been put on hold amid continued instability in global markets, according to reports. 

Manchester United’s planned initial public offering has been put on hold amid continued instability in global markets, according to reports.

The Glazer family, which purchased the English football club in a controversial buyout in 2005, is willing to wait until next year if necessary before listing United on the Singapore stock exchange, the Financial Times said.

September 1, 2011

Manchester United, the British football club owned by the Glazer family, made a record operating profit of £110 million last season, buoyed by higher match day and media revenues, as well as new sponsorship money.

Manchester United, the British football club owned by the Glazer family, made a record operating profit of £110 million (€124.69) last season, buoyed by higher match day and media revenues, as well as new sponsorship money.

August 17, 2011

The Glazer family is preparing to give up sole ownership of Manchester United, with reports suggesting a partial flotation of the British football club is likely. 

The Glazer family is preparing to give up sole ownership of Manchester United, with reports suggesting a partial flotation of the British football club is likely.

An initial public offering in Singapore, which could raise up to $1 billion, is reportedly being considered and could take place by the end of the year depending on market conditions.

The cash could come as a welcome relief to the debt-ridden club, which is currently forking out £45 million a year in interest on its deficits.

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