Old Trafford will no longer be Manchester United's home stadium

The Old Trafford Regeneration Task Force first came to the conclusion that building a new stadium for Manchester United would be a more revolutionary choice than renovating the current location.

According to reports, a new stadium with 100,000 seats has been suggested; this could make it the biggest in the United Kingdom. Regarding the project's viability, which would have the stadium constructed on club-owned land next to Old Trafford while enhancing the neighborhood, four talks have been held.

Although it's too soon to say that this is United's only course of action, it is the preferred approach to building a brand-new, top-tier facility with additional advantages. The club feels that the large tract of land they hold around Old Trafford is underutilized and might be used for a variety of purposes, including housing, recreation, business, education, attracting investment and employment opportunities, and enhancing the environment.

United has been studying some of the most effective stadium regeneration initiatives in sports, especially those that have caused a significant change in the local community, such as SoFi Stadium in Los Angeles, where they lost to Arsenal in the preseason. Prior to their tour, the club had multiple meetings with the privately funded development team in order to gain insight from the project. 

What are Manchester United waiting for now?

One of the task force's primary concerns is financing, and a wide range of possible private funding alternatives will be investigated. Possibilities for a partnership between the public and private sectors to support the area's revitalization may exist. After consulting with important stakeholders, including locals and fans, the task team will make a comprehensive report before the conclusion of the year.

Earlier this year, United's chief operating officer Collette Roche also paid a visit to the Bernabeu with the intention of learning from Real Madrid's strategy. Under study is the Chicago Bears' Burnham Park Project, which envisions a new stadium acting as a catalyst for the area's overall revitalization.