Manchester United plans new 100,000-seat stadium near Old Trafford

Manchester United has announced plans to construct a new 100,000-seat stadium adjacent to Old Trafford, spearheaded by co-owner Sir Jim Ratcliffe. This ambitious project aims to create the 'world's greatest football stadium' and is expected to cost around £2 billion, with completion targeted within five years. Ratcliffe emphasized that the existing Old Trafford, after 115 years, can no longer compete with modern arenas, despite its historical significance. The new stadium design, led by renowned architect Norman Foster, will enhance fan experience and contribute significantly to the local economy, potentially generating 92,000 jobs and 17,000 new homes. The initiative is part of a broader regeneration effort for the area, although financing remains a critical concern amid the club's ongoing financial difficulties. The announcement has been met with optimism from fans, who hope for a brighter future for the club after a challenging season.