Former Manchester United defender Gary Neville and Lord Sebastian Coe have joined forces to create a joint committee that will investigate potential plans to revitalise the city’s Old Trafford neighbourhood around the new stadium.
The goal is to build a top-tier stadium in the middle of thriving neighbourhoods. Jim Ratcliffe and his INEOS team have bought a 25% ownership stake in the club, and they have led the move.
They will rely on their extensive experience in funding massive infrastructure projects that have cost far more than the anticipated £2 billion for a new-build.
Although United are eager to emphasise that they are “not seeking handouts,” public financing is still an option. Community centres, mixed-income housing, and transit nodes are all part of the blueprint. Another possible inclusion would be a school.
United are on board with Jim Ratcliffe’s plans to demolish Old Trafford and rebuild it
The proposed redevelopment will connect the surrounding region with MediaCity and extend from Old Trafford all the way to the ocean.
The INEOS firm is likely to construct a new stadium on ground next to United’s famous stadium in the next five years, or maybe even sooner.
A brand-new, interactive museum and a five-star hotel are standard amenities for every proposed stadium. A new stadium, according to those involved, would be the greenest and most energy efficient stadium ever built.
According to a statement, from United, they’re looking into the possibility of building a new stadium that could host international games and finals, while also giving Manchester United a modernised home. It’s a big project, and they’re reaching out to potential funding partners to make it happen. Exciting stuff, right?
Ratcliffe has previously said that constructing a brand-new stadium from the ground up would be the better option than renovating the current one.
An region of Greater Manchester that has been vital to Britain’s industrial past, but is struggling to recover, may benefit from this massive redevelopment initiative, he said.
We don’t have a stadium like Wembley, the Nou Camp, or Bernabeu, despite the fact that there are more significant football teams in the northwest of England than any other region in the world. That is why this task force is crucial; without it, we will miss out on this once-in-a-century chance to do something really remarkable.
Following Ratcliffe’s £1.3 billion investment, United have pledged to stay in their historic home, but they are supporting Ratcliffe’s idea.
United could have paid for their own rebuilding, but they’ll require public and private money to construct their new stadium on the property next to Old Trafford.
We will keep drawing on the data to inform our thinking, but the club has previously polled 30,000 supporters on Old Trafford’s future as part of its first master planning process before the strategic review.
Redevelopment of the Old Trafford neighbourhood in Manchester is the focus of a newly formed taskforce.
‘In my time working in sports, I have seen firsthand how stadiums can serve as gathering places for vibrant communities and engines of economic and social progress,’ Lord Coe said. That was obviously the case with the Olympic venues we constructed in east London in 2012, and a similarly ambitious project in the north of England is long overdue.
“I am deeply grateful for the chance to contribute my expertise to this incredibly thrilling endeavour.”
‘No one can take away those fantastic memories, and I consider myself very lucky to have had the opportunity to play hundreds of games at Old Trafford,’ Garry Neville said.
We are clearly at a juncture in Old Trafford’s history when it must alter again to provide Manchester United with a world-class stadium worthy of the best club in the world. I want nothing but the best for Manchester United and the neighbourhood around the stadium.
A place of lasting, united development in a long-ignored part of the city—that is Old Trafford—should be a source of national pride for everyone of Greater Manchester.
Upper echelon of Manchester ‘The creation of one of the most famous stadiums in global football will help attract investment, generate employment, and lead to new possibilities that will not only benefit Trafford but communities throughout our city-region and beyond.’ This was said by Andy Burnham, another member of the taskforce.
For generations, Greater Manchester has been at the forefront of creative and technological advancement, and the city’s rich sporting history is an integral part of its identity. Another triumph for our city-region may be achieved by implementing this daring and thrilling plan for Old Trafford and the surrounding areas.
Another party engaged, Sara Todd, chief executive of Trafford Council, expressed her delight at Manchester United’s confirmation of their intention to stay at Old Trafford, their historic home, and her excitement at the possibility of further funding for the construction of a first-rate stadium.
The group will also include Gary Neville, a former Manchester United defender and current commentator.
We want to build on the socio-economic benefits this will bring, especially for local residents, as we progress with plans for the stadium and the surrounding Trafford Wharfside area. This is a once-in-a-lifetime chance to turn the old industrial “engine room” of Greater Manchester into a contemporary centre for growth and a new community.
“We are dedicated to collaborating with the club, neighbourhood people, and other important associates to create these thrilling and audacious plans.”
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