You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Celtics Live

100

113

4th Quarter 0:13.8

Manchester United joins New York Stock Exchange

LONDON — Manchester United launched its New York Stock Exchange listing on Monday, hoping to raise around $330 million by selling 10 percent of the Premier League club.

The record 19-time English champions said in a filing to the Securities and Exchange Commission about 16.7 million shares will be offered at a cost of between $16 and $20.

Continue reading below

United is looking to raise funds to help reduce debt from the Glazer family’s 2005 takeover, rated at $663 million as of March 31.

The Glazers will retain control of the club through its ownership of Class B shares, which will have 10 times the voting power of the stock sold to the public.

The Glazers, who also own the NFL’s Tampa Bay Buccaneers, also announced on Monday a seven-year shirt sponsorship deal with American car company Chevrolet, which will begin at the start of the 2014-15 season.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com