United set for Singapore float

Manchester United’s owners will reportedly sell of a significant share of the club in Singapore to help ease their 515 million-pound debts.

According to the BBC, the Glazer family have lodged a listing application to join the Singapore Stock Exchange, which could be completed as early as November.

United’s American owners are willing to sell their shares to help bring the club’s spiralling debt under control.

It is believed a sale of 25-30 percent of shares could raise as much as 600 million pounds, which would also mean no outside person would be able to take control of the club.

This move comes six years after the Glazers removed Manchester United from the London Stock Exchange following their takeover of the club in 2005.