MANCHESTER UNITED have been handed a huge boost in their hopes to build a new 100,000-seat stadium.
The government has backed the proposed project to redevelop the Old Trafford area.
Manchester United have been handed a huge boost in their plans to build a new stadium to replace Old Trafford[/caption]
Chancellor Rachel Reeves has backed the project[/caption]
AI has predicted what a new stadium could look like for Man Utd[/caption]
Chancellor Rachel Reeves has revealed that she will champion the regeneration project put forward by Man Utd’s stadium task force.
The team, which includes Gary Neville, Manchester mayor Andy Burnham and Lord Sebastian Coe, set out a feasibility study of either redeveloping the current Old Trafford or building a new stadium.
And now Reeves has backed the idea in what the government is describing as a “shining example of the bold pro-development model that will drive growth across the region”.
The project will not only make changes to the Man Utd stadium, but will also lead to new housing, commercial and public spaces.
Man Utd are yet to make a final decision on refurbishing Old Trafford or knocking it down to build a brand new home.
However, it’s claimed by The Mail that United officials are focusing all their energy on a potential 100,000-seat newbuild.
While they also report that the club are hopeful that enabling work could start on the project before the end of the year.
It’s been claimed in the past that the full project could cost the Manchester club north of £2BILLION to pull off.
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United’s task force found that a redevelopment of the existing stadium would be limited to a capacity of 87,000, which is just 12,700 seats more than the current capacity of the ground.
While United co-owner Sir Jim Ratcliffe has pushed for a new “Wembley of the north” project that would seat over 100,000 fans.
It’s reported that a final decision will be made before the end of the current season.
The planned project could generate £7.3billion annually for the UK economy and create around 90,000 jobs nationally.
Lord Coe, who is chairing the Task Force, said the plans would act as a catalyst for “one of the biggest regeneration projects ever undertaken in the UK”.
While Mayor Burnham described the proposals as offering “the biggest opportunity for urban regeneration this country has seen since London 2012”,
Man Utd’s regeneration Task Force is chaired by former Olympian Lord Sebastian Coe[/caption]
