@david_conn: Manchester United's flotation document states that the Glazers were paid £10m in April, to repay £10m loan taken out previously #mufc
Marvin said:They issue more shares and if these aren't taken up then the Banks which underwrite the deal take them up so utd will get their $100m. Who knows what they will do with the monies raised.LoveCity said:United files with US government to list shares on the New York Stock Exchange
<a class="postlink" href="http://www.sec.gov/Archives/edgar/data/1549107/000104746912007026/a2210109zf-1.htm" onclick="window.open(this.href);return false;">http://www.sec.gov/Archives/edgar/data/ ... 09zf-1.htm</a>
Can someone explain this as simply as possible, are the rags going to have more money to spend again if this goes through? :/