"It's very difficult to see how they can keep these promises.
"They've acquired a lot of debt and there will be a lot of expectations upon them from their preferential investors.
"If they are not to go down the more conventional routes in terms of raising ticket prices and denying the manager funds for transfers, then they will look to square the circle in two ways.
Cannon, though, feels their words are a smokescreen to appease fans, in particular in light of the protests that took place when they visited Old Trafford on Wednesday night.
"At the end of the day, if they put up ticket prices and tell Sir Alex Ferguson he must buy a player for £1.5million rather than £20million, what are people going to do? Take the club off them?" queried Cannon.
"This is their club now, so they will just turn round and say `sorry, we thought we could do this and that, but it's not worked and we're going to have to put up prices after all."
This is the debt summarised by The Scotsman
Repayment terms of Glazer's £275million loan from JP Morgan secured against Manchester United.
1) £55m payable over seven years at 2.75 per cent above London InterBank Offered Rate (LIBOR*).
Repayment cost: £90m.
2) £62.5m, of which 50 per cent payable over seven years and six months, and 50 per cent payable over eight years at 3.25 per cent above LIBOR.
Repayment cost: £110m.
3) £62.5m, of which 50 per cent payable over eight years and six months, and 50 per cent payable over nine years at 3.75 per cent above LIBOR.
Repayment cost: £128m.
4) £85m payable by April 2015 at 6.5 per cent above LIBOR. LIBOR rate approximately 4.6 per cent
Repayment cost: £242m.
PLUS:
Bridging loan of £18.9m
Credit and Capital Expenditure Facility £90m
£275m in preferred securities