Man Utd To List On US Stock Market

Manchester United has applied to list on the US stock market, with the aim of raising $100m (£64m) on a share sale in order to repay debt. 

United, among the best-supported clubs in the world, had earlier explored the possibility of a $1bn flotation on the Singapore stock market.

However, in documents filed with the Securities and Exchange Commission, the Premier League runners up announced it was listing on the New York Stock Exchange instead.

The club has been controlled by the Glazer family since 2005. The billionaire US sports investors also own the Tampa Bay Buccaneers American football franchise.

In September, United received approval for a share sale in Singapore, but the process was delayed because of volatility in the stock markets.