Manchester United Considers Selling Old Trafford Naming Rights Amid Major Renovation Plans
Manchester United Considers Selling Old Trafford Naming Rights Amid Major Renovation Plans
Manchester United Considers Selling Old Trafford Naming Rights Amid Major Renovation Plans
News summary

Manchester United are considering selling the naming rights to Old Trafford or a newly-built stadium to fund significant infrastructure projects. Sir Jim Ratcliffe, who recently acquired a substantial stake in the club, is advocating for this move to generate revenue for a potential £2 billion project aimed at transforming Old Trafford into a 'Wembley of the North'. The club is also exploring partnerships with major financial institutions like Bank of America and considering raising ticket prices to support these initiatives. The decision to sell naming rights would break a 114-year tradition but follows a trend seen with other major stadiums globally. Meanwhile, ongoing renovations at the Carrington training ground are also in progress, reflecting Ratcliffe's broader commitment to improving the club's facilities. However, no final decisions have been made, and the financial burden of these projects remains under discussion.

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