Manchester United to Build New £2-Billion Home

Manchester United has announced plans to build a new 100 000-seater stadium, aiming to be the “world’s greatest” football ground.

Club co-owner, Sir Jim Ratcliffe, has championed the £2-billion project, which will replace the historic Old Trafford and serve as the centrepiece of a major regeneration of the surrounding area.

The club shared the news after extensive consultations, opting against redeveloping the 115-year-old football ground. The proposed stadium, designed by Foster + Partners, will feature an umbrella-style roof, a vast public plaza and towering masts that will be visible from over 40 kilometres away.

United, currently £1 billion in debt, has yet to confirm funding strategies, but club executives see the project as a strong investment opportunity. Football finance experts believe revenue from a multi-functional stadium will outweigh costs.

The redevelopment could deliver £7.3 billion annually to the British economy, create 92 000 jobs and attract 1.8 million visitors per year. Manchester United will continue playing at Old Trafford during construction, which is expected to take five years.

Ratcliffe emphasised the importance of preserving the club’s heritage while delivering a state-of-the-art fan experience. Man U CEO, Omar Berrada, reaffirmed the club’s commitment to engaging fans and the local community as plans progress.

“I think it could be a game-changer for our club, for the city and for the region,” Berrada told an English publication.

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