Tuesday, August 16, 2011

Man Utd plans $1 Billion IPO in Singapore by Year End

Sources states that the English Premier League Champion Manchester United is eyeing for $1 billion IPO in Singapore by end of the year.

Forbes this year ranked Manchester United as the world's most valuable football team in 2011, valuing the club at US$1.86 billion. The club is one of U.K.'s most successful, having been crowned English league champions 19 times and European champions three times in its 133-year history.

Source: IFR

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