(Photo by Laurence Griffiths/Getty Images)
UPDATE: It seems as though the Glazers will receive $25M EACH. So much for the original document, that said all proceeds will go toward the club. Club meaning back pocket maybe........ Disgusting!
Manchester United are set to float on the New York stock exchange in the not too distant future, and the price of shares will be between $16 and $20. The total amount raised could be as much as $330M (£210). BBC has the full story
The total revenue in the last year had fallen, but that was expected, due to our untimely exit in the luxurious Champions League competition, however the actual profit that the club has made could be up to £23M - An increase of 77%. This is largely due to tax credits.
On the official club website, the club has attracted a new shirt sponsor. US Car brand Chevrolet, will have its name plastered over the front of our shirts for a full Severn years, beginning with the 2014/15 season. The amount paid is undisclosed. United and the car maker already have a partnership in place, a relationship that has currently lasted for a lengthy six weeks....
Can I just apologize for the complete lack of action over the last week or so on the site. I have totally had my hands full, and when I have had any free time.... I just needed some me time. Been enjoying the Olympics too. I personally wasn't too excited before, but I loved the opening ceremony, and then the penny dropped that this is a full month or so with nothing but sport on the box..... For a die hard lover of pretty much all sports, I think I have died and gone to heaven.....
Anyway, whats your thoughts on the share listing and the sponsorship deal? And if your interested, please share your thoughts on the Olympics so far too. Anyone who attacks the opening ceremony like this idiot, come and meet me in the car park and I will have a real "debate" with you :)