If done, the deal could see United being valued at £1.7 billion and could also provide a profitable exit for the Glazers who bought the club in a highly leveraged £790m, although the Glazers may retain a stake in the club and use some of the cash from a share offering to reduce the debt of £490m.
This news might excite fans who have moved against the Glazers for saddling the club with over £500m debt and caused a marked reduction in transfer spending.
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