Premier League club Manchester United is set to list on the Singapore stock exchange before the end of the year, according to reports.
The Wall Street Journal said the club, one of the world's richest despite debts totalling around £490m, is planning an initial public offering worth $1bn in the fourth quarter of 2011. The report said Manchester United had initially planned to list in Hong Kong but "changed its mind" in favour of a Singapore listing. Credit Suisse is to be global co-ordinator and bookrunner on the deal. Manchester United traded on the London Stock Exchange between 1991 and 2005, before being delisted as part of a £790m takeover by current owner Malcolm Glazer. The club has an estimated 300 million ...
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