Man United Goes Public
On Tuesday, Manchester United announced its plans to list on the New York Stock Exchange. This is an attempt to reduce the team’s debt and compete with other European football owners.
The debt that United has is leftover from the 2005 take over and is worth 423 million pounds ($663 million). There have been no details given as to the price of the stock. You can read a full account of the story here.
I am curious to see how this goes. I want to say this is brilliant and crazy all at the same time. Do you think people will buy stock in Manchester United?
An Odd Injury
Former Gamecock Stephen Garcia has injured his fingers…. by giving a peace sign. I couldn’t make that up even if I tried. Katie over at Cocky Country has a full write up on this story.