Sir Jim Ratcliffe has been working behind the scenes to lead Manchester United to new heights. Sir Jim Ratcliffe and INEOS have already approached potential investment partners at home and abroad as they rapidly seek to rebuild or refurbish Old Trafford in the past few days. After a few days of officially being confirmed to have an acquisition of Manchester United, Ratcliffe is getting to work on a new stadium for the club.
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The Premier League confirmed Sir Jim Ratcliffe’s acquisition of 25% of Manchester United being approved following the completion of the Owners and Directors Test. Since then, Ratcliffe has expressed his desire to either build a brand new stadium for Man United or increase the capacity of Old Trafford. Ratcliffe wants an Old Trafford that has a capacity of 90,000. While Man United fans are excited about a potentially new stadium, Manchester United and Trafford Council announce regeneration plans.
Mike Keegan from the Mail Sport reports that Manchester United and Trafford Council have announced regeneration plans. This effectively means that the land around Old Trafford Stadium and MediaCity has been earmarked for redevelopment. The area near Old Trafford will also have a new look, which has left many Man United fans excited for changes done with the club. The plan includes new homes for the community near the area, another plus for Manchester United fans near the stadium. The announcement includes other perks that the plan will have for the surroundings of the stadium.
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Mike Keegan reported that the announcement said Trafford Council confirms “exciting plans to regenerate an area neighboring MediaCity and surrounding Man United’s Old Trafford stadium.” The proposed development, including 5,000 new homes, creates “a high-quality setting for Manchester United as they develop their plans for a world-class football stadium."
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