Man Utd set to announce plans to replace Old Trafford with new 100,000-seater stadium in £2billion project
MANCHESTER UNITED look set to announce plans to build a brand new 100,000-seater stadium today, according to reports.
The project is expected to cost £2billion and minority owner Sir Jim Ratcliffe has secured government backing to regenerate the area around United’s current Old Trafford home.
United are expected to make an announcement on Tuesday confirming the decision and revealing architect’s plans of their new super-stadium on a new site.
The Red Devils have been assessing options for the future of Old Trafford virtually ever since Ratcliffe’s arrival in February 2024.
Earlier this year, a designated task force delivered its report on the feasibility of either redeveloping the existing 115-year structure or rebuilding a new brand stadium.
And the struggling club – who are rotting in 14th in the Prem – have reportedly chosen to unlock one of the biggest regeneration projects in UK history by building a new ground.
United’s plans of building a new ‘Wembley of the North’ home received a major boost in January when the proposal received the backing of the government.
Chancellor of the Exchequer, Rachel Reeves, is one of the leading voices championing the regeneration project.
It is estimated the redevelopment of the Trafford Park area could boost the UK economy by as much as £7.3 BILLION.
The complex would boast a major transport hub as well as dedicated premises for sports, residential, entertainment and business.
And their plans to re-shape the area would create more than 90,000 employment opportunities.
The task force, created by Ratcliffe, consists of former United skipper Gary Neville, Greater Manchester Mayor Andy Burnham and Trafford Council leader Sara Todd.
The panel has been chaired by Olympic hero Lord Sebastian Coe.
Coe is expected to speak alongside Ratcliffe at a stadium project update held in London today.
A new home would be likely designed by the award-winning architect Lord Norman Foster, a close pal of Ratcliffe’s who is currently overseeing the revamp of United’s Carrington training base.
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