Sir Jim Ratcliffe plans to give Manchester United a new homeground

Sir Jim Ratcliffe, a major shareholder of Manchester United, is advocating for the construction of a new 100,000-seat stadium instead of redeveloping the current Old Trafford. He aims to address some of the challenges that Old Trafford has faced in recent years, such as the leaky roof issues seen during heavy rain.

Ratcliffe to build a new homeground for Manchester United 

The arena has needed some care and attention for quite some time, but reports indicate that Ratcliffe favours the construction of a brand-new home for the Red Devils. The Old Trafford Regeneration Task Force has conducted research and determined that both a new stadium and a renovation of the Theatre of Dreams are viable options, with a final decision expected to be made before the summer.

The task force has proposed that a regeneration project could enhance Old Trafford's capacity to 87,000 while creating a new stadium that could accommodate 100,000 spectators, positioning it among the largest in the world. Artists have created impressive designs showcasing the potential of this new build, generating excitement among some Manchester United fans, while others express a desire to preserve the charm of their historic ground.

Recent reports indicate that constructing a new stadium could be estimated at approximately £2 to £2.3 billion. On the other hand, enhancing Old Trafford could be a more cost-effective option, with potential renovation expenses around half that amount. However, it's worth noting that part of the Sir Bobby Charlton stand would need to be temporarily closed during the renovation process.

As fans eagerly anticipate news about their future home, efforts are being made behind the scenes to enhance financial sustainability under the leadership of Ratcliffe. The INEOS CEO is focusing on optimising resources, which has included making difficult decisions regarding staffing and benefits. These measures are part of a broader strategy to position the team for success, even as the results under Ruben Amorim are still below par.

Also Read: Cesc Fabregas eyes on two Barcelona stars to join Como: Reports