SGX is set to approve the English Premier League champions' up to US$1 billion (S$1.2 billion) initial public offering this week or next, two sources with direct knowledge of the listing said.
The Red Devils have spent the past few weeks courting Asia's major institutional and sovereign investors including Singapore state investor Temasek, said the sources, who were not authorised to talk to media about the plans.
But the club's plan to use a two-tier system of shares to ensure the Glazer family, which owns soccer's biggest brand, will retain control has some investors and experts calling foul.
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