Man Utd reveals Singapore IPO details

Martin Cloake
Anti-Glazer protest at Manchester United's Old Trafford ground
Anti-Glazer protest at Manchester United's Old Trafford ground

PA

Manchester United has unveiled details of the Singapore IPO – and it's yet another of the complex financial instruments the Glazer family who own the club specialise in. The deal will be attractive because it seeks to raise $1bn from the public float while retaining 88% of voting rights.