In a statement at the event, Lord Coe, said: “I’m delighted that I’ve been asked to be the chair designate of the proposed Old Trafford Mayoral Development Corporation.
“Throughout my career, I’ve seen the difference that sports-led regeneration can make in fostering strong communities and acting as a catalyst for economic growth. That was certainly true of the London 2012 Olympics and Paralympics – and now, I believe, Greater Manchester’s moment has come.
“Working with Trafford Council and the Mayor, there’s huge potential to bring new homes and jobs to the area around the Manchester United stadium. And looking ahead, I see a chance to bring the FIFA Women’s World Cup to a new Old Trafford Stadium in 2035. The home nations are the sole bidder, which presents a rare opportunity to bid to host the global football family.”