Manchester United’s plans to build a ‘Wembley of the North’ have been backed by the British government.
New co-owner Sir Jim Ratcliffe has made no secret of his desire to improve United’s stadium, whether that’s renovating Old Trafford or building a huge new ground, with plans also revolving around investment in the area surrounding the stadium.
United believes their plans could generate an extra £7.3 billion a year for the UK economy and Chancellor Rachel Reeves has announced she will “defend” 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 in relation to the region, such as investment in transport, while United would be responsible for all expenses relating to the stadium itself, which could have a capacity of up to 100,000. sportsman of the country.
“Delivering a world-class stadium can be the catalyst for the major regeneration of an area of Greater Manchester that requires new investment to thrive again,” United CEO Omar Berrada said in response to Reeves .
“We cannot achieve our wider goal on our own, which is why we welcome the announcement by the Chancellor and the continued support of the Mayor of Greater Manchester and Trafford Council. If we work together it There’s a once in a lifetime opportunity to create a historic project around Old Trafford that the whole region can be proud of.
