90min
·26 January 2025
In partnership with
Yahoo sports90min
·26 January 2025
Manchester United's plans to build a 'Wembley of the North' have been backed by the UK government.
New co-owner Sir Jim Ratcliffe has made no secret of his desire to improve United's stadium, whether that be the refurbishment of Old Trafford or the construction of an enormous new ground, with plans also revolving around investment in the area surrounding the stadium.
United believe their plans could generate an extra £7.3bn annually for the UK economy and Chancellor Rachel Reeves announced she would be "championing" the project, which she described as a "shining example of the bold pro-development model that will drive growth across the region".
The proposal would require funding from the UK government when it comes to the local area, such as investment in transport, whereas United would be responsible for all spending related to the stadium itself, the capacity of which could be as high as 100,000, making it the largest sporting venue in the country.
"The delivery of a world-class stadium can be the catalyst for major regeneration of an area of Greater Manchester which requires new investment to thrive again," United CEO Omar Berrada said in response to Reeves.
"We cannot achieve that wider aim on our own, which is why we welcome the announcement by the Chancellor and the ongoing support of the Mayor of Greater Manchester and Trafford Council. If we work together, there is a once-in-a-lifetime opportunity to create a landmark project around Old Trafford that the whole region can be proud of."