Manchester United, the English Premier League football club, has announced the pricing of the public offering of 12,000,000 Class A Ordinary Shares by Red Football LLC at a price to the public of $17 per share, as detailed below in the press release issued by the club. This is an increase from the previously announced public offering of 8,000,000 Class A Ordinary Shares by Red Football LLC. The offering is expected to close on August 11, 2014, subject to customary closing conditions.
Latham & Watkins LLP advised Manchester United on the offering with a corporate team based in New York led by partners Marc Jaffe and Ian Schuman with associates Stelios Saffos and Benjamin Cohen. A Latham team lead by Jaffe and Schuman also previously advised Manchester United on its initial public offering in 2012.