Manchester United plans £2bn iconic 100,000-seat stadium near Old Trafford, aiming to create the world’s greatest football venue.
In Short
Manchester United plans to build a new £2 billion stadium for 100,000 fans, aiming to be the UK’s largest. The project, supported by Sir Alex Ferguson and expected to create numerous jobs, follows consultations about the future of the current Old Trafford stadium.
Manchester United has announced plans to construct a new £2 billion stadium that will accommodate 100,000 fans, making it the largest in the UK.
Co-owner Sir Jim Ratcliffe intends to create what he describes as the “world’s greatest football stadium,” with a projected completion in five years.
The decision follows a thorough consultation process regarding the future of the current Old Trafford stadium, which has been the team’s home since 1910.
Foster and Partners, the architects behind the design, revealed that the stadium will feature a distinctive umbrella design and a public plaza twice the size of Trafalgar Square, including three prominent masts known as “the trident.”
Financial plans
Despite Manchester United’s current debt of £1 billion, the club has not disclosed financing plans for the new stadium.
The project is expected to contribute significantly to the regeneration of the Old Trafford area, potentially creating 92,000 jobs, constructing 17,000 homes, and attracting an additional 1.8 million visitors annually.
The initiative aims to add £7.3 billion to the UK economy each year.
Former manager Sir Alex Ferguson supports the move, emphasising the need for the club to embrace progress and build a future-ready stadium, while Greater Manchester mayor Andy Burnham highlighted the potential positive impact of the project.
The future of the existing Old Trafford stadium remains uncertain as plans continue to develop.