The Premier League club Manchester United has filed documents with the US government’s Securities and Exchange Commission.
Share prices have yet to be set but United would use the money raised from the flotation to reduce its debts.
The flotation would leave control over the club in the hands of the Glazer family, the billionaire US sports investors who bought the club in 2005 for £940m – a takeover which left debts of £423m.
The club pursued a £640m flotation on the Singapore stock market last year but the move was halted because of the volatile global economy.
Under the reorganization, the team would become a wholly-owned subsidiary of Manchester United Ltd, a newly-formed holding company based in the Cayman Islands.
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