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The Red Devils’ time at Old Trafford could be ending after plans for a new ground came to light on Monday.
Manchester United are exploring ambitious plans to build a new 100,000-capacity stadium on land adjacent to Old Trafford, as the club believes this is the best way to enhance the matchday experience and generate additional revenue streams.
Man Utd’s stadium plans
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A task force, chaired by Lord Sebastian Coe and including key figures from the club and local government, has been established to oversee the project. According to The Athletic, the group has already held several meetings to discuss the feasibility of the new stadium, which is estimated to cost in excess of £2 billion.
The proposed stadium would be designed to retain the iconic elements of the current Old Trafford, such as the red brick exterior and distinctive roof. The club are also considering the potential to create a wider development around the stadium, including restaurants, shops, and entertainment venues, similar to the SoFi Stadium in Los Angeles.
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Financing the project is a significant challenge, as options being explored include investment from owner Sir Jim Ratcliffe, naming rights sponsorships, and potential borrowing, while the club are also considering public-private partnerships to improve infrastructure in the surrounding area.
A key focus of the project will be fan engagement, with the task force establishing a sub-group to consult with supporters on their vision for the new stadium.
Manchester United believe that a modern, world-class stadium is essential to maintain the club's position as a global football powerhouse.
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What comes next?
The project is still in its early stages, with a final decision expected by the end of the year. However, the club are confident that a new stadium can be delivered within six years, allowing for continued matchday operations at Old Trafford during construction.
The Red Devils are gearing up for the 2024-25 season and are on tour of the United States. Erik ten Hag’s men were beaten 2-1 by Arsenal in their previous pre-season match.
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