Man Utd floating in Asia
Submitted by Mike Davies on Wed, 17/08/2011 - 11:53
Manchester United's owners, the Glazer family, are considering a share sale in Singapore to help raise money to reduce some of their debts.
The BBC's sports editor David Bond says an initial public offering (IPO) is one of a number of refinancing options the American family is examining.
http://www.bbc.co.uk/news/business-14547178
Is this a sign that the Glazers are on their way out?
See they've signed a mega money deal to sponsor their training kit as well now!
http://www.bbc.co.uk/news/business-14615711
The rich just keep on getting richer.