Asia’s army of Manchester United fans might soon be able to show their support for the English football club in the stockmarket, if a bid to list the club in Singapore in the next few months goes ahead as planned.
According to sources, the US-based Glazer family who owns 100% of the club following a leveraged buy-out in 2005 has filed a listing application with the Singapore Exchange and on Friday mandated J.P. Morgan and Morgan Stanley as joint bookrunners for a planned initial public offering. The two US banks...