Manchester United are set to announce grand plans to build a new world-class stadium on the adjacent land to Old Trafford, demolishing their iconic 115-year home. Sir Jim Ratcliffe has been assessing options since his February 2024 arrival as he looks to transform United into a profitable club again, and a new build is believed to be the INEOS kingpin's chosen route.
Last year, a designated task force featuring members like the Mayor of Greater Manchester, Andy Burnham, and club legend and businessman Gary Neville formed to explore the options. It has since provided a report on the feasibility of building a state-of-the-art football stadium or redeveloping Old Trafford. The cost of replacing 'The Theatre of Dreams' with a new arena has been estimated at £2billion - and how United intend to fund the project remains unclear.
However, that is the option the club are set to take. According to The Athletic, United are expected to announce on Tuesday that they will pursue a stunning 100,000-capacity stadium.
"It's definitely deliverable," Ratcliffe told Neville during an in-depth interview on The Overlap published on Monday.
"If you take the view it's the greatest club in the world; then it should be a stadium befitting the greatest club in the world and also a stadium that befits the greatest league in the world because the Premier League is the greatest league in the world."
The Red Devils will likely unveil designs by world-renowned architect Norman Foster of Foster + Partners and explain the sensitive decision to move on from Old Trafford.
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