Manchester United Seeks to raise around $1bn through Singapore IPO.

http://online.wsj.com/article/SB10001424053111903392904576511924182918278.html?mod=googlenews_wsj

 

Alot of the big buisnesses have started to do this, the glazers will still havee control but will effectively sell some of the club and raise absolutely massive funds. The funs they will raise will be worth more than any other club in england is actually worth and that will not even be a 50% share in our club hahahahah

 

Will they use a big chunk of money to pay off UTDs debts?

 

I see another LSE student is here lollllllllllllllllllllllllllllllllll

 

Hope so

 

I would guess so - can't see many investors being willing to pay for a minority holding if the money isn't going to be used to strengthen Utd's balance sheet. So either the money will be used to pay the debts down, or we're gonna try to meet Messi's buy out clause