Stock watch

Stock Market

It is a period of gloom for David Moyes’ Manchester United side on the pitch; and not much better than that for the Glazer family’s MANU stock in the capital markets. Trading at a dollar over the $14 IPO price on the New York Stock Exchange, United now boast a market capitalisation of just £1.5 […]

Liar liar Gill’s on fire as market pours cold water on IPO

Manchester United stock exchange

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 […]

Reasons to be cheerful

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 […]

Hit the road Malc

Edward Woodward

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 […]

American Lie

American Pie

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 […]

Fergie and Glazers’ profit from IPO leaves fans angry

Sir Alex Ferguson

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 […]

Three strikes and you’re out for Glazer IPO

Wall Street

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 […]

Glazer SEC filing exposes cloak and dagger strategy

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 […]

Glazers’ US IPO barely credible, let alone realistic

Manhcester United wages and TV income

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 […]

Glazers’ dual track IPO gets green light

Old Trafford

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 […]