Manchester United has now secured the majority of the land required to build a new 100,000-seater stadium at Old Trafford.
Manchester United said the land acquisition marks a major milestone in the long-term vision to transform the Old Trafford area.
Manchester United’s new stadium will become the biggest sporting arena in the UK and will serve as a catalyst for the regeneration of the surrounding district, helping to create one of the most dynamic and globally significant sporting and entertainment destinations in the world.
The club acquired the 25-acre site, located approximately 350m north-west of the current stadium, from Indurent, a leading provider of industrial space and a Blackstone portfolio company.
United said it will engage directly with businesses impacted by the plans to support them through the transition period.
Manchester United Football Club, commonly referred to as Man United or simply United, is a professional football club based in Old Trafford, Greater Manchester, England (UK). They compete in the Premier League, the top tier of English football.
Old Trafford is a football stadium in Trafford, Greater Manchester, England (UK) and is the home of Manchester United F.C. With a capacity of 74,197 it is the largest club football stadium (and the second-largest football stadium overall after the 90,000-capacity Wembley Stadium) in the United Kingdom and the 11th-largest in Europe.
The Old Trafford Regeneration is a £2 billion, 370-acre project aimed at transforming the area into a major sports-led, mixed-use district featuring a new 100,000-seater stadium for Manchester United.
The club has also worked in close collaboration with Trafford Council and the Old Trafford Regeneration Mayoral Development Corporation (OTRMDC) to ensure the location of the new Manchester United stadium works cohesively with the wider Old Trafford regeneration strategy, ensuring optimum connectivity and the best possible experience for fans.
The 370 acre regeneration project is expected to deliver around 15,000 new homes, including affordable housing, create 48,000 new jobs locally and over 90,000 nationally, and add more than £7 billion a year to the UK economy.
Collette Roche, CEO, Manchester United’s New Stadium Development, said, “This highlights the progress we’re making towards a world-class new home for Manchester United and represents a significant milestone as we move into the next phase of development.
“Being able to build so close to Old Trafford allows us to preserve the heritage, traditions and rituals that are so important to our fans. We are committed to building a world-class stadium with our supporters, not just for them, with atmosphere, affordability and accessibility at the heart of our thinking.
“This is a generational opportunity that is fully aligned with both local and national growth ambitions. Securing the right land for our new home has been absolutely critical, and the land we’ve acquired gives us the stage to deliver a truly world-class stadium that honours our past and is ready for our future.”
The OTRMDC will publish its vision for the Old Trafford Regeneration and Manchester United’s new stadium project on 9 July, when further detail of the stadium site and formal consultation period will also be revealed.
Continue following Coliseum for the latest updates on sports venues, stadiums and arena business news worldwide.
Coliseum is dedicated to building a global community of sports and entertainment venue professionals helping create better and more profitable venues.
Become a member of the Global Sports Venue Alliance and connect with stadiums, arenas and industry experts from around the world. Apply for membership through the Global Sports Venue Alliance and access the 365Coliseum Business platform.