Manchester United decides stadium future by summer

Manchester United is set to decide by the end of the season whether to redevelop Old Trafford or build a new stadium, following the completion of a feasibility report by the Old Trafford Regeneration Task Force. The report indicates that redeveloping the existing stadium could increase its capacity to 87,000, while a new build could accommodate 100,000 fans, aligning with minority owner Sir Jim Ratcliffe's vision. The majority of surveyed fans (52%) favor the new stadium option over redevelopment (31%). The financial implications of both options are significant, with the new stadium estimated to cost over £2 billion and renovation around £1 billion. The project is expected to act as a catalyst for economic growth in the Trafford area, potentially generating £7.3 billion in economic value and creating over 90,000 jobs. A final decision from club executives is anticipated before summer 2024.