Date: 5th July 2012 at 4:54pm
Written by:

Touched on yesterday, the proposed New York Stock Exchange flotation, looks to have been well received by a group that normally opposes most things the Glazers do.

The flotation has been welcomed by the Supporters Trust providing the money raised goes to pay off the debt, a point confirmed by the Chief Executive of the Trust, Duncan Drasdo, who has been quoted in the media as having remarked,

“If it turns out the vast majority of the proceeds are used to pay off the debt that is certainly something we would welcome.”

Our thoughts exactly!



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