English football club Manchester United priced its initial public offering at $14 a share yesterday, below its expected $16 to $20 range.

The 134 year old team, which sold 16.7 million shares, is scheduled to trade toay on the New York Stock Exchange as MANU. It will be the first sports team to list in the US since Major League Baseball's Cleveland Indians in 1998, according to Dealogic; the Indians went private again in 1999.