Flotation could lead to United sale

Manchester United’s proposed flotation on the New York Stock Exchange could be a precursor to the club’s eventual sale, according to a financial expert.

United have applied to be listed in the US in the hope of raising $100 million (€79.7m) from selling shares in the club.

But while the Glazer family have structured the plan to ensure they retain priority voting rights over any new investors, it could ultimately open the door to the Americans relinquishing control.