Manchester United IPO in Singapore

I know this is old news but apparently, Manchester United has gotten approval from the Singapore Stock Exchange to be listed. This was after news that SGX managed to grab this IPO when it was originally headed for the Hong Kong Stock Exchange (?).

Apparently, the Manchester United fan base in the region is one reason why the stock is being listed here. But I truly wonder how much that will really translate into actual fans investing into the club. They are fans alright. They might stay up to watch Manchester United play. They might buy Manchester United jerseys. Some might even travel all the way to Old Trafford to catch a game. But will they really invest in Manchester United as part of their investments?

Passion about a football and support for a club however might not necessarily translate into a investment decision / action. While investors like Peter Lim once tried to buy Liverpool, I wonder whether the interest for Man Utd IPO will really exist among the retail investor. Sure. There is a certain novelty factor of owning part of the club that you love. But will true Man Utd fans really invest in their club?

This I really wonder..