Manchester United Delays Stadium Development Decision

Manchester United has postponed a final decision on the redevelopment of Old Trafford until next summer, with plans for a potential new 100,000-capacity stadium and surrounding regeneration project still under consideration. Co-owner Sir Jim Ratcliffe is keen on demolishing the existing stadium, but the club must secure additional land currently occupied by a rail freight terminal to facilitate the ambitious project. A recent survey of 500,000 fans revealed that 52% support a new-build stadium, while 31% prefer redeveloping the current one. The Old Trafford Regeneration Task Force, led by Lord Coe, is urging the club to maximize the project's potential impact. United is exploring various financing options for the project, which will be funded internally, although public funding may be sought for associated transport and infrastructure improvements. Clarity on land acquisition and the overall project is expected following the city's budget announcement in March.