Exclusive - Manchester United drops Asia IPO for U.S


SINGAPORE/HONG KONG, (IFR) - Manchester United, the world's best supported football club, has ditched its plans for an Asian stock market flotation and is preparing to list in the United States, according to sources with knowledge of the deal.

After first eyeing a Hong Kong IPO, the former English football champions had planned a $1 billion (642.8 million pounds) listing in Singapore in the second half of last year before putting plans on hold because of market turmoil.

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