Manchester United shares on sale

Manchester United's American owners The Glazers are set to sell 2% their shares in the club on the New York Stock Exchange

According to the BBC, this will take the ratio of shares, which have limited voting rights, floated on the US Stock Market to just above 20%.

No money 

 United will however not receive any proceeds from the sale. The value is based on Wednesday 9 August share price of $17.15 (£13.19). The Glazer family bought United for £790 million ($1.34bn) in 2005. 

In 2012 the family sold 10% of their holding via a stock listing and have sold further shares in the following years.