Manchester United Plans 'World Class' Stadium with Task Force

Manchester United's new co-owner, Jim Ratcliffe, is determined to transform the club's iconic Old Trafford stadium into a "world class" facility. Ratcliffe, who acquired a 27.7% stake in United last month, has assembled a task force to explore the feasibility of building a new stadium or redeveloping the existing one.

The task force includes renowned figures such as World Athletics president Sebastian Coe, former United player Gary Neville, Greater Manchester Mayor Andy Burnham, and Trafford Council chief executive Sara Todd. Coe, who played a pivotal role in organizing the 2012 London Olympics, believes that a new stadium could become a catalyst for social and economic development in the region.

Old Trafford, which opened in 1910, is the largest club stadium in England with a capacity of over 74,000. However, it has long been in need of modernization. The task force will assess the viability of building a new stadium of "national significance" that could also host international soccer matches and finals.

Ratcliffe's investment includes a £300 million cash injection for improvements to Old Trafford. However, a new stadium could require additional public funding. United intends to remain in the area, with the new stadium potentially being built within the grounds of the existing site.

Ratcliffe emphasizes the importance of regenerating the surrounding area. "This can be a major regeneration project for an area of Greater Manchester which has played such a key role in British industrial history, but which today requires new investment to thrive again," he said.

Neville, who was part of United's treble-winning team in 1999, has been a vocal critic of the Glazer family's ownership. His inclusion on the task force ensures representation from the club's past glories.

"Old Trafford has evolved throughout its history and it’s clear we are at a point where it has to change again to ensure that Manchester United has a world class stadium befitting the world’s greatest club," Neville said. "While I want the best for Manchester United, I also want the same for the surrounding community."

Tags: #ManchesterUnited, #OldTrafford, #StadiumRedevelopment, #JimRatcliffe, #SebastianCoe