Reuters:
Manchester United is open to using the asset-backed security (ABS) market to refinance, as the English Premier League football club still holds debt from U.S. financier Malcolm Glazer's 2005 takeover.
"Securitisation remains an option going forward for the Glazer family in regard to Manchester United," a spokesman for the family said on Tuesday.
The financing of top flight English football clubs has grabbed the headlines in London's debt markets during recent months after Arsenal raised 260 million pounds in July.
The club sold a bond backed by ticket revenues to refinance the construction of the club's new Emirates stadium in north London, its new home after 93 years at Highbury.
The Royal Bank of Scotland was the lead manager for the Arsenal ticket bond. It has begun structuring a securitisation for Manchester United with Deutsche Bank, Euroweek said in its September 1 edition.