INEOS face £11m barrier to new Manchester United stadium

INEOS face £11m barrier to new Manchester United stadium

Plans for Manchester United to build their brand-new, 100,000-seater stadium promise to be one of the most ambitious projects in football history.

The proposed ground, expected to cost around £2 billion, would be a game-changer for the club and transform the skyline of Manchester.

Match-going fans have had to endure a decade of attending a historic, yet leaky Old Trafford.

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A stadium that many will go on to miss, once the new stadium is complete.

Sir Jim Ratcliffe has been open about the financial challenges facing United, ahead of the new redevelopment.

He publicly admitted that external funding will be required to complete the project.

Among the potential revenue streams being explored is a stadium naming rights deal.

A deal which could bring in £300 million over a decade.

However, as per The Daily Mail, the project has already encountered a major hurdle that could delay the ambitious 2030 target.

Manchester United may have to enter land swap to start construction

The land designated for the new stadium does not entirely belong to Manchester United.

A key section of it is owned by Freightliner, who operate a rail terminal behind the Stretford End.

The terminal, which cost £11 million to build, cannot be relocated until 2029.

This therefore makes an immediate start to construction impossible without a solution.

Discussions between United and Freightliner have been positive so far, with a possible land swap at the back of Old Trafford’s car park under consideration.

This swap would allow construction to begin without disrupting Freightliner’s operations.

That would be while they transition to their new site at Parkside East near St Helens.

While the five-year timeline remains an ambitious goal, United will hope to have the project fully underway by 2026.

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Source: Centred Devils