Man Utd board ‘agree with Joel Glazer’ about building new £2bn Old Trafford

Joel Glazer Man Utd

Man Utd co-owner Joel Glazer favours an Old Trafford renovation over a complete rebuild (Image: Getty)

Manchester United chiefs reportedly stand with Joel Glazer in favouring a renovation of Old Trafford rather than a complete rebuild. The stadium is set to receive a long-overdue facelift after incoming part-owner Sir Jim Ratcliffe officially takes the reins, with plans already being put in place behind the scenes.

The Glazers have not overseen any significant improvements to Old Trafford since taking over the club in 2005. Arsenal and Tottenham have moved to state-of-the-art grounds in the meantime, while Liverpool and Manchester City have expanded Anfield and the Etihad Stadium.

Sir Jim reportedly agreed his minority buy-in on the proviso that he would pump more than £200million into revamping United’s infrastructure. It is not yet decided whether the INEOS billionaire’s cash will go towards renovating Old Trafford in its current state or knocking the historic stadium down and starting from scratch.

According to the Manchester Evening News, Glazer and the United board agree that the character of their 113-year-old ground would be hard to replicate when building a completely new stadium.

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Sir Jim Ratcliffe visits Carrington

Sir Jim Ratcliffe wants to make Old Trafford ‘Wembley of the north’ (Image: Getty)

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Populous, the company which assisted with building Wembley and the Tottenham Hotspur Stadium, have reportedly informed the Red Devils that constructing a new home would cost roughly the same amount as a major Old Trafford revamp.

Glazer’s favoured renovation could take up to a decade, with talks taking place among senior figures about the possibility of continuing to host matches at Old Trafford with reduced capacity during the process.

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Reports suggest Sir Jim is intent on spearheading the project to bring a top-tier stadium, capable of rivalling Wembley, to the north. It’s also claimed that 71-year-old is considering a request for UK Government funding as part of their ‘Levelling Up’ pledges.

A brand new stadium would cost United in the region of £2billion, while a major renovation would also be mind-bogglingly expensive with new car parks, roadways and a station expected to form part of the proposed project.

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