Thursday 9 August 2012

Manchester United IPO prices below expectations (Yahoo! Sports)

FILE - This Aug. 8, 2012 file photo shows Manchester United's Wayne Rooney, right, kicking the ball as Barcelona's Javier Mascherano, left, defends, during a friendly soccer match in Goteborg, Sweden. Manchester United is readying for its debut on the New York Stock Exchange on Friday, Aug. 10, 2012. The 134-year-old soccer club, with a record 19 English championships, is one of the most well-known teams on the planet, so the IPO is highly anticipated. But some analysts say the debt-ridden team is overvalued and the offering is dependent on investors wearing their fan caps rather than their financial caps. (AP Photo/Bjorn Larsson Rosvall, File) SWEDEN OUT

NEW YORK (AP) -- The world's most popular sports team is getting ready to list its stock on the world's largest exchange.




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