Manchester United shares on sale

Manchester United shares on sale

10 Aug 2017, 09:55

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.

Related news
Kenya News
Kilume concern for Sofapaka
15 Jul 2018, 10:35
La Liga
Agent denies Barcelona ace signing for Premier League club
11 Jul 2018, 17:40
English Premier League
Keita turned down big boys to join Liverpool
3 hours ago
Transfer News
Everton closing in on £50m Brazilian striker
13 hours ago
Transfer News
Chelsea make contact with Juve over Higuain Transfer
20 hours ago