People walk into the Manchester United Megastore at Old Trafford, Manchester. The club’s IPO in the United States will value it at US$3. 3bil at the top of the range. — Reuters
LONDON: A group of Manchester United fans accused the American Glazer family of milking the English Premier League football team for cash after IPO terms revealed they planned to take half of the proceeds of its flotation.
Fans from the Manchester United Supporters Trust (MUST) questioned why all of the money being raised was not being used to reduce a debt pile that they say is holding back the team's performances on the field.
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