London: The American owners of British soccer club Manchester United are planning to list the club on the Hong Kong stock exchange, according to a report in the UK's Sunday Times newspaper.
United's owners, the Glazer family, who took the club private following their 790 million pounds (1.3 billion dollars) takeover in 2005, are keen to return it to the public markets, the report said, citing sources close to the discussions.
The report said bankers had told the Glazer family that a 1.7 billion pounds valuation was a realistic target if United is listed in Hong Kong, with the club's strong fan base in Asia meaning its shares would likely attract a higher price than in London.
The sources said talks were at an early stage and that the Glazers would assess how successful the forthcoming 10 billion pounds flotation of fashion business Prada was before deciding whether to press ahead with the plan.
Manchester United was not immediately available for comment when contacted by Reuters.
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