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So Man Utd are being listed on the Singapore stock exchange?

So yeah, the first question says it all really. Utd have apparently lodged a listing application to be put on the Singapore stock exchange.

It should see us pay off a significant amount of our debt, but the question remains, will this allow us to increase spending? Or will the greedy Glazers pocket even more?

Update:

Opinions? Please :)

Update 2:

@ACES - £1billion in debt? I don't think so lmao! It's half that amount (BBC report £509m). And when that debt is even lower, we can spend more on players? :P

5 Answers

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  • osprey
    Lv 4
    10 years ago
    Favorite Answer

    Why shouldn't they? it's where most of their supporters are from.

  • Anonymous
    4 years ago

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  • stepp
    Lv 4
    5 years ago

    Their proprietors, the Glazers, have been in desperate could desire to re-finance the debt. They tried floating the club on the London inventory substitute or perhaps the Singapore substitute, yet no-you will even touch United with a 10 foot pole. the only one that could desire to replaced into the NYSE. They raised their funds and characteristic controlled to maintain the debt managable, whether they could desire to stick to the policies of the NYSE, that's why the managerial substitute replaced into introduced at present, quite than Sunday. Their stockholders and investors have the the final option to renowned whether or no longer a transformation of supervisor will impression their shares or no longer.

  • 10 years ago

    The Glazers may spend this money (maybe £600m) on reducing the debt, or they might keep it as a profit share. Until this goes through in about a year, no one knows what they might do.

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  • Anonymous
    10 years ago

    well thats quite boring to learn.

    £1billion in debt - deal with your real problem first.

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