Man Utd fans happy with NYSE plans | Premiership News | Tribal Football

Manchester United fans have welcomed plans to list on the New York Stock Exchange.

Manchester United fans have welcomed plans to list on the New York Stock Exchange.

United confirmed yesterday that they want to sell shares in a new holding company, registered in the secretive tax haven of the Cayman Islands, to reduce their £423million debts.

That would allow Fergie to splash more of United’s income on transfers.

Duncan Drasdo, chief executive of the Manchester United Supporters’ Trust which has long opposed the Glazers’ ownership, said: “If it turns out the vast majority of the proceeds are used to pay off the debt that is certainly something we would welcome.”

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