There was something vaguely sickening about the spectacle as Manchester United’s chief executive David Gill, adorned by two grinning Glazer brothers, rang the opening bell at the New York Stock Exchange this afternoon. Brothers-in-arms to a less than noble cause: the continued fattening of the Glazer wallet at United’s expense. Indeed, the sight of Gill [...]
Though last season’s climax will linger odiously in the minds of Manchester United fans, the summer which has followed is one easily forgotten. On the pitch, the absence of key players, due to international commitments at both the European Championships and Olympics, has seen United’s depleted squad score just three goals in five games against [...]
Manchester United’s commercial team launched the club’s investor roadshow on Thursday ahead of an Initial Public Offering (IPO) in New York this August. The team, comprising chief strategist Edward Woodward, commercial director Richard Arnold, and operations head Michael Bollingbrook, is meeting potential investors in Asia, Europe and the US ahead to drum up interest in [...]
Long long time ago, I can still remember, how the Stretford Paddock drove me wild I knew that if I did my time, up those steps then I would climb and Busby’s love would hold me like a child The ’85 start made me shiver, at those 10 games Fat Ron delivered Then 91 through [...]
Sir Alex Ferguson is likely to profit from the Glazer family’s partial flotation of Manchester United, documents filed with the US Securities and Exchange Commission (SEC) revealed on Monday. The legendary United coach, who has been forthright in his defence of the Glazers since the American’s summer 2005 leveraged buy-out, may benefit from a share [...]
The Glazer family’s very long mooted Manchester United flotation may be off for a third time after the Financial Times confirmed that an initial public offering (IPO) planned for New York this summer is on “pause” for an undetermined period. Citing volatile market conditions, the FT says that the IPO may now not take place [...]
One thing can be said for the Glazer family: they’re happy to go a long way to keep a secret. More than four and a half thousand miles from Manchester United’s base at Old Trafford, to the corporate tax haven on Grand Cayman in the Caribbean Sea, to be precise. But while the Americans seek [...]
Manchester United owner, the Glazer family, is exploring options to float the club in the United States, reports Reuters this week, after abandoning a mooted Asian IPO for the second time. Seeking up to £600 million in a partial floatation, the Glazers have now binned attempts to list the club in both Hong Kong and [...]
The Glazer family will list Manchester United on the Singapore Stock Exchange (SGX) this autumn after local authorities gave the American family a green light for the partial IPO. The family will sell off around a third of United’s shares in a much-discussed dual track listing that will raise money but ensure the Glazers remain [...]
The Manchester United Supporters Trust (MUST) needs you… to don the Green & Gold of protest and force the Glazer family to use autumn IPO proceeds to rid the club of debt. At least that’s the message of MUST’s new poster campaign, which was launched today. Staring George Best in Lord Kitchener mode, the new [...]
Friday, August 10, 2012
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