United Owners, The Glazer Family are considering taking drastic measures to insure the stability and survival of the club, here United Latest runs you through some of these measures... 

United Latest have been able to get a copy of the 322-page 'Manchester United Prospectus for 2010 - 2017'. In the prospectus it is revealed that the Glazers have numerous issues with the club; debt and otherwise.


                                     The Sale Of Carrington ?

The Carrington Training Centre is undoubtedly the largest and most-equipped training centre in the world. The £22 Million project was completed in 2002. It Comprises of two sections; 'The First Team section', and 'The Academy' - for the young guns. It is set on 100 acres and is United's most closely-guarded secret, no media, no public. The centre contains; 12 pitches (along with indoor pitches), a high-tech gym, a canteen, a leisure centre and the MUTV studio !

Carrington is where all United's youngsters blossom into first team players - but what do the Glazers care !

The Glazer family are considering transferring Carrington to their holding company before leasing it back to United.

"Carrington training ground will not be encumbered and may in due course be transferred to a holding company or affiliate of the Parent. In the latter event, we will be granted a lease in respect of the Carrington training ground" reads the document - which can be viewed here.

"The bond issue will not prohibit us from selling or transferring our training ground or our stadium, a long-term lease of either will enable us to have substantially the same access to such property as we currently do."


                             Glazers fear oil-rich neighbours...

The prospectus document reveals that the Glazers fear opposition clubs taking over United's share of the world football market, "We face strong competition from other football clubs in England and Europe. In the Premier League, recent investment from wealthy team owners (<- Man City) has led to teams with strong financial backing."

Companies that invest in the bond issue are asked to list risks that may follow the investment. The document contains 'risk factors' outlined for investors, the main risk is that Sir Alex's successor will be unable to match the magnificent achievements of the 68-year-old Scotsman in his 23 years at Old Trafford.

The Glazers admit that they are 'highly dependent' on the current players and coaching staff, "including our manager Sir Alex Ferguson, any successor to our manager may not be as successful as he has been."


                                      Glazers also fear FIFA ! 

The document further reads; "There is a risk that, in conjunction with increasing player salaries and transfer fees, the financial fair play initiative could limit our ability to acquire or retain top players and, therefore, adversely affect the performance of our first team."

'The financial fair play initiative' is in relation to FIFA's new financial rules. FIFA may punish clubs that have large debts and spend more money than they actually earn. These rules could hamper Sir Alex signing 'big' players.


                               More salary increases, hell no !

The Glazers have, until now, always agreed to salary increases - citing that players and coaching staff could leave the club, if they did not receive an increase.

"Over the past three years, salaries for players and coaching staff have increased significantly. If there is a continued increase in the level of salaries paid to top players and coaching staff in general, we may be required to increase the salaries we pay to avoid losing key members of the playing and coaching staff. Further increases in salaries may adversely affect our results of operations."