With the landing on the Asian list, the English soccer team aims to reduce its debt by almost 500 million dollars.
It's official, the Red Devils leave Hong Kong and land in Singapore. The Stock Exchange of the Asian country has given the go-ahead to Manchester United for its billion-dollar listing.
According to Reuters sources, the deal would include non-voting preferred shares. Also envisaged is the offer of packages of shares that include both ordinary shares and preference shares.
With the listing, the English football club aims to reduce its debt by almost 500 million dollars.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
