Manchester United’s Secondary Offering

Davis Polk advised BofA Securities, Inc., as the sole underwriter on the deal.

Kevin Glazer Irrevocable Exempt Family Trust and Edward S. Glazer Irrevocable Exempt Trust exectued their offering of 9,500,000 Class A ordinary shares of Manchester United plc. The Class A ordinary shares are listed on the New York Stock Exchange under the symbol “MANU.” 

Manchester United Plc. operates as a professional sports club. The Company manages the soccer team and all affiliated club activities of the Manchester United Football Club, that includes the media network, foundation, fan zone, news and sports features, and team merchandise. Manchester United is based in England. 

The Davis Polk corporate team included partner John B. Meade (Picture) and counsel Joseph S. Payne. Partner Mario J. Verdolini and associate Ben Levenback provided tax advice. 

Involved fees earner: Ben Levenback – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Joseph Payne – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities;

Author: Alejandro Girola