Date: 16th August 2011 at 4:03pm
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The Glazers

More money heading the Glazers way?

Every United fans favourite owners those lovable chaps the Glazers are to sell around £610 million worth of club shares according to reports.
The Mail notes:

Manchester United are planning to raise £610million ($1billion) by selling shares on the Singapore stock market, according to reports.

The Wall Street Journal has reported that the Barclays Premier League champions will carry out an initial public offering (IPO) in the Asian state later this year.

It has been reported that the club were planning to sell shares in Hong Kong but have now switched their attention to Singapore.

With the club still reportedly saddled with massive debt due to the loans the Glazers took out to buy United in 2005, raising more capital oould hopefully lower the ridiculous amount of interest the owners have to pay.


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