Manchester United announced plans to build a 100,000-seat stadium replacing Old Trafford within five years, backed by owner Jim Ratcliffe despite his company’s projected £10bn debt. Ratcliffe claims the project will create 92,000 jobs and generate £7.3bn annually but faces scrutiny over funding sources and cost-cutting measures at the club, including staff layoffs. United currently sits 14th in the Premier League, with Ratcliffe criticizing players as “overpaid” and “not good enough.” He urged government support for the project’s success, calling it a national regeneration priority. Questions remain about costs and financing, with club officials avoiding specifics. Critics highlight Ratcliffe’s Monaco residency and past financial controversies linked to previous owners. Reader reactions range from questioning the feasibility of the plan to humorously suggesting better squad improvements.
Source: https://www.theguardian.com/football/2025/mar/11/manchester-united-new-stadium-plans-football-daily-newsletter