Manchester United IPO shows soccer's limited investor appeal

Shoppers walk past a Manchester United merchandise store at a mall in Singapore in this June 14, 2012 file photo. REUTERS/Tim Chong/FilesLONDON (Reuters) - Manchester United (MANU.N) will make its New York Stock Exchange debut on Friday after a flotation that disappointed the English soccer club's American owners and has enraged some of its fans.Soccer is the world's most popular sport, but the setback...

Man United shares flat in debut after IPO disappoints

Shoppers walk past a Manchester United merchandise store at a mall in Singapore in this June 14, 2012 file photo. REUTERS/Tim Chong/FilesLONDON/NEW YORK (Reuters) - Shares in Manchester United Ltd (MANU.N) made a flat stock market debut on Friday, a disappointment for the world's most famous soccer club but one it insisted would have no effect on its ability to acquire top-flight players.Manchester...

Man Utd IPO shows soccer's limited investor appeal

will make its New York Stock Exchange debut on Friday after a flotation that disappointed the English soccer club's American owners and has enraged some of its fans.Soccer is the world's most popular sport, but the setback for the initial public offering underlines the limited appeal of even its biggest names for investors.The IPO priced at $14, below the $16-20 range the club's bankers had been seeking....

Manchester United IPO prices below expectations

This April 15, 2012 file photo shows Manchester United directors Avram, left, and Joel Glazer, right, before the English Premier League soccer match between Manchester United and Aston Villa at Old Trafford Stadium in Manchester, England. Manchester United is readying for its debut on the New York Stock Exchange on Friday, Aug. 10, 2012. The 134-year-old soccer club, with a record 19 English champ...

Manchester United IPO prices below expectations

IPO of Manchester United, world's most popular sports team, prices below expectationsFILE - In this May 22, 2011 file photo, a Manchester United fan holds up a scarf displaying Manchester United's 19 league titles ahead of the English Premier League soccer match between Manchester United and Blackpool at Old Trafford in Manchester, England. Manchester United is readying for its debut on the New York...