Manchester United May Opt to List in US Rather than Asia

viagra buy | helvetica, sans-serif; font-size: 10pt;”>Inside sources say Manchester United will opt for a US IPO rather than list in Hong Kong or Singapore.

The club had been interested in floating shares in Hong Kong or Singapore but several companies have recently pulled listings in Singapore in recent weeks because of market volatility and Manchester United may follow suit.

“This could have negative implications for Singapore’s aim to build a cluster of international sports names listed here,” said Ng Soo Nam, Singapore-based chief investment officer at Nikko Asset Management Asia Ltd., which oversees about $165 billion. “Such listings would have helped broaden the breadth of the Singapore market.”

Opting not to list in Asia could cost the club an opportunity to exploit the rapidly growing Asian football market.

Bankers working with Manchester United say the club has not made a final decision on where to list.

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