businessday.ng

Man United unveil plans for £2bn, 100,000-capacity ‘New Trafford’ Stadium

Manchester United have announced ambitious plans to build a £ 2 billion, 100,000-capacity ‘New Trafford’ stadium near Old Trafford, with co-owner Sir Jim Ratcliffe vowing to create “the world’s greatest football stadium.”

The new stadium, which will be the largest in the UK, will be constructed on club-owned land adjacent to Old Trafford, with renowned architect Lord Norman Foster estimating a five-year construction timeline. The project is expected to serve as the centrepiece of a major regeneration effort in the Old Trafford area.

Vision for ‘New Trafford’ stadium

Ratcliffe emphasized that the goal is to build an iconic stadium while preserving the essence of Old Trafford.

“By building next to the existing site, we will be able to preserve the essence of Old Trafford, while creating a truly state-of-the-art stadium that transforms the fan experience only footsteps from our historic home,” Ratcliffe said.

United, who have spent 115 years at Old Trafford, are expected to continue playing at their current home while construction is underway.

The stadium’s design features an umbrella-style roof, which will harvest solar energy and rainwater alongside three towering masts, making the venue visible from 40km away.

Read Also: 10 most iconic stadiums in the World in 2024

Related News

Economic and Social Impact of ‘New Trafford’ stadium

The New Trafford stadium and wider regeneration project are projected to generate £7.3bn annually for the UK economy, create 92,000 new jobs and attract 1.8 million additional visitors per year.

Ratcliffe highlighted the social and economic renewal the project would bring.

“A new stadium can be the catalyst for investment and job creation, not just during construction, but on a lasting basis once the stadium district is complete.”

Club leaders and legends react

Man United’s Chief Executive, Omar Berrada, stressed that building a new stadium was the best path forward.

“We have carefully considered the findings of the Old Trafford Regeneration Task Force, as well as the views of thousands of fans and residents. We will now embark on further consultation to ensure their voices continue to be heard.”

Club legend Sir Alex Ferguson backed the plan for a New Trafford Stadium. “Manchester United should always strive for the best on and off the pitch. Old Trafford holds many special memories, but we must be brave and seize this opportunity to build a new home, fit for the future, where new history can be made.”

How will the Stadium be funded?

United, who currently hold over £1bn in debt, have yet to confirm how the stadium will be financed.

Ratcliffe called for government support, saying: “If the government gets behind this scheme, we will build an iconic football stadium.”

In response, a Prime Minister’s spokesperson acknowledged the potential economic benefits but stated:

“The proposals involve significant investment and could generate 90,000 jobs and a significant boost to the economy. However, I am not aware of any government support that has been committed at this stage.”

Anthony Nlebem

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.

Read full news in source page