Shares in Manchester United 's IPO were priced at $ 14 , below the price range initially set . The club and its owners will raise around $ 234m from the sale of 16.7m shares . Comment: Ahead of the pricing , analysts had said the price range was too high as it implied an expensive enterprise value to earnings before interest , tax , depreciation and amortisation of more than 20 times . When the shares start trading on Friday it will mark the biggest sports listing on record .
Shares in Manchester United 's IPO were priced at $ 14 , below the price range initially set . The club and its owners will raise around $ 234m from the sale of 16.7m shares . Comment: When the shares start trading on Friday it will mark the biggest sports listing on record .