As featured on NewsNow: Football news

Man Utd delay NYSE stock float

Manchester United have delayed plans to float on the New York Stock Exchange.

The Daily Mail says United have temporarily postponed their flotation on the New York Stock Exchange amid market fears caused by the Eurozone crisis.

The Glazer family, who own the club, are believed to have been spooked by the volatile US markets - forcing them to reconsider their £193million flotation in New York.

The plan had been to begin trading United's shares from early August, but this has been put on ice.

Advisers at the club are reassessing the plan to list the company's shares after another dismal week in the eurozone, causing the markets to slide.

About the author

Tribal Football Staff

Have your say
×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free