16.09.11
Manchester United may wait until stock market begins to settle before going ahead with their Singapore flotation.
United, who have privately dismissed renewed speculation about a potential £1.5billion sale to the Qatari Royal Family, have been given permission to launch a flotation.
It had been thought the Glazer family would actively pursue a move that would allow the whole process to be completed by the end of next month, which is still possible.
However, with the club keen to ensure a successful flotation, insiders say they are currently "in no rush" to execute their plans.
One of the reasons for this could be to allow the Stock Market to settle, thereby maximising returns which the Glazer family are hoping will be around £600million if, as anticipated, they opt to put 25 per cent of the club on the market.
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