Man Utd to make call on 100,000-capacity new stadium by end of year
BBC – Manchester United’s owners hope to make a final decision on whether to spend more than £2bn on a new 100,000-seat stadium by the end of 2024.
United co-owner Sir Jim Ratcliffe wants to build a ‘Wembley of the north’ for the side and, together with Trafford Council, has put together a taskforce to assess the feasibility of a new stadium and redevelopment of Old Trafford.
Club sources confirmed the taskforce has already met four times, with discussion largely centred around a new-build rather than renovating the existing stadium, which would cost around £1.2bn and take longer to complete.
It has been stressed no decision has been taken.
Ratcliffe’s £1.25bn deal for his 27.7% stake in the club included £237m for future investment in the club’s stadium. His Ineos Group have taken over football operations from majority owners the Glazer family.