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Manchester United have applied to be listed on the New York Stock Exchange.
The Daily Mail reports United have applied to be listed on the New York Stock Exchange in the hope of raising $100million (£64m) from selling shares in the club.
The club filed documents with the United States government's Securities and Exchange Commission on Tuesday.
As they bid to curb the huge debts at the club, in the documents United admit: "Our indebtedness could adversely affect our financial health and competitive position.
"As of March 31, 2012, we had total indebtedness of £423.3million.
"Our indebtedness increases the risk that we may be unable to generate cash sufficient to pay amounts due in respect of our indebtedness. It could also have effects on our business.
Share prices have yet to be set, but United would use the money raised from the flotation to reduce its debts, the application said.
