Man Utd release major new stadium update with club to make final decision on 100,000-seater plan in summer
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MANCHESTER UNITED have taken a major step forward in their discussions surrounding the future of Old Trafford. United's Task Force, set up by Jim Ratcliffe last March, announced that they have "completed their initial feasibility work into options for a new or redeveloped stadium.".
The group, which includes Gary Neville, Andy Burnham and Lord Sebastian Coe, were charged with examining whether United should refurbish Old Trafford or build a new state-of-the-art replacement on adjoining land. The group determined that a redeveloped Old Trafford could increase the capacity of the existing stadium from 74,000 to 87,000,.
But a new-build stadium, which would cost around £2billion, would allow capacity to reach 100,000. Both options remain under consideration, with the club set to decide on the preferred approach ahead of the summer. A club statement read: "An Options Report has been submitted by the Task Force to executive bodies at Manchester United, Greater Manchester Combined Authority and Trafford Borough Council.
"It sets out a once-in-a-generation opportunity to transform the historic industrial engine room of Greater Manchester into a vibrant new driver of growth and innovation in sports, entertainment, business, and education. "The vision is for Manchester United to develop a world-class stadium, acting as a catalyst for wider regeneration of a re-energised Trafford Park, which initial findings suggest could deliver an extra £7.3bn gross value added to the UK economy and more than 90,000 employment opportunities.".