'Man Utd ditches Singapore IPO in favour of US listing'
15th June 2012
MANCHESTER United has dropped its plans for an IPO in Singapore and is now preparting to list in the US, according to reports.The club, owned by the Florida-based Glazer family and which claims to have more than 600 million fans worldwide, had planned a $1bn (£642.8m) listing in Singapore in the second half of last year before putting plans on hold because of market turmoil.The club declined to comment on the report by the news agency Reuters.A recent survey by Forbes rated United as the world's most highly valued sports team......for the full story register now for free or login below...
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