Manchester United has applied to list on the US stock market in a share sale that aims to raise $US100 million to reduce debt.
The club has been controlled by billionaire US sports investors the Glazer family since 2005.
The BBC reports that in recent years it has been weighed down with heavy debts despite its huge global fan base and promotional and marketing efforts.
The club had earlier explored the possibility of a $US1 billion floatation on the Singapore stock market.
In September United received approval for a share sale in Singapore, but the process was delayed because of volatility in the stock markets.