Major Old Trafford landowner issues update on redevelopment around Manchester United stadium
A key player in the redevelopment of Old Trafford has said it is ‘committed to working’ with others to make the project happen.
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A key player in the redevelopment of Old Trafford has said it is ‘committed to working’ with others to make the project happen.
Manchester United's proposed regeneration of their Old Trafford home - and the surrounding Trafford Park plans - could boost the UK economy by billions, according to a global advisory firm. The Red Devils are currently considering their options over whether to regenerate the famous old stadium or demolish it and build a new arena.
A proposed regeneration of the area around Manchester United's Old Trafford stadium could generate 7.3 billion pounds ($9.7 billion) annually to the British economy, according to an economic feasibility study commissioned by the club. However, mayor of Greater Manchester Andy Burnham said on Monday no public money would go towards the project. United are considering whether to pursue a 2 billion pounds plan for a brand new 100,000-seater stadium or redevelop the existing 74,000 capacity Old Trafford.
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