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Man Utd Chevrolet deal boosts Glazer stock plans

Manchester United's new shirt sponsorship deal with Chevrolet will boost their plans to float on the New York Stock Exchange.

The Sun says the announcement was brought forward to boost interest in a stock market flotation of 10 per cent of United by the owning Glazer family in the US.

The Glazer family intend to raise around £200m from their 10 per cent United sale, which was announced last night.

Previously, it was thought the entire sum would be used to pay club debts currently standing at more than £400m.

But the prospectus indicates only half the sum will be used in that way - with the rest going directly to the family.

And that will provoke more United fan fury.

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