Shares in Manchester United 's IPO were priced at $ 1 , below the price as initially set . The club and its owners will raise around $ 234 m from the sale of 234 m shares . New York ( Financial Times ) -- Shares in Manchester United 's initial public offering were priced at $ 14 , below the $ 16 to $ 20 price range that underwriting banks had initially set . Half the proceeds from the sale will be used to pay down the club 's outstanding debt . When the shares start trading on Monday it will mark the biggest sports listing on record .
Shares in Manchester United 's IPO were priced at $ 1 , below the price as initially set . The club and its owners will raise around $ 234 m from the sale of 234 m shares . Half the proceeds from the sale will be used to pay down the club 's outstanding debt . When the shares start trading on Monday it will mark the biggest sports listing on record .