United given go ahead for floatation on Singapore Stock Market

We were today given the go ahead to speak to potential investors as the Glazers look to sell off 25% of the club in an attempt to raise £600m.

Some fans are still wondering whether the money raised will be fully used to clear all the debt on the club. Some rumours suggest the Glazers will look to leave a small amount of debt.

Earlier this month we announced record operating profits for the year to June 30th of £110.9m - The Glazers will hope this will help attract potential investors.

Other news today linked us with a full buyout by the Qatari Royal Family, a potential bid of £1.5bn.

Click on the link below to discuss the financial situation at the club.

http://www.soccer24-7.com/forum/showthread.php?t=172809

Sparky