Old Trafford development plans for Manchester United have included moving to a brand-new stadium; however, no decisions will be taken until the Glazer family has sold the team.
The lack of behind-the-scenes progress was one of many complaints made by Cristiano Ronaldo in his famous interview with Piers Morgan. Manchester United have been eager to expand their stadium and training facilities for some time.
The Glazers have since expressed interest in selling Manchester United, so the Daily Mail reports that all expansion plans have been put on hold. Architects have been asked for their opinion.
No decisions will be made until it is clear who will lead United going forward, but once the boardroom is calm again, a variety of options for stadium expansion will be on the table.
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The expense of renovating Old Trafford and all the difficulties involved in fixing the current stadium could reach the $1 billion level. With such plans, the capacity would be roughly 74,000, and the hospitality facilities would also undergo considerable upgrades.
Another extreme possibility would be for Manchester United to build a whole new stadium; one idea even called for Old Trafford to be torn down so that building could start on the same plot of land.
In addition, United may decide to relocate their stadium from Old Trafford, where they would play until the new facility was constructed. The anticipated cost of such a shift is £2 billion.
The proposals will be discussed during the Glazers’ negotiations to sell United because it is expected that the sale will be the most expensive in sports history. The new owners of the club are also likely to be interested in modernizing United’s playing facilities.
Chelsea’s sale to Todd Boehly and Clearlake Capital last year was handled by The Raine Group.
