Premier League club Manchester United will not be based at Old Trafford in the next few years. The Red Devils management is reported to be finalizing the construction of a new stadium in the near future.

Manchester United have been at Old Trafford for a long time. They have occupied the stadium for more than 100 years.

But in early 2024, Manchester United Co-owner Sir Jim Ratcliffe made a big plan. He wants to build a new stadium for Manchester United.

The Telegraph reported that MU management and the new stadium development committee have begun to find a bright spot. They plan to realize the plan to build a new stadium for the Red Devils.

See more information below.

The Largest Stadium in England

According to the report, MU management and the MU new stadium development committee are currently finalizing the plans for the stadium development.

The new stadium will be located not far from the current Old Trafford location. They are planning to build a stadium with a capacity of 100 thousand spectators, where this stadium will be the largest stadium in England.

The cost is said to be around £2 billion. If there are no obstacles, the construction of the new stadium will take around six years.

Inefficient Renovation

According to the same report, MU management also considered renovating Old Trafford. However, the plan was considered inefficient.

The first is because the renovation of Old Trafford is quite complicated. The stadium is more than 100 years old and there are also land issues, so the renovation process could take more than six years.

In addition, the cost of renovating Old Trafford is also quite large. The cost reaches 1-1.2 billion pounds, so the difference is not too far from the plan to build a new stadium.

Listen to the Fans’ Voice

According to the same report, Manchester United Management will not immediately build the new stadium.

They are reportedly going to hold a hearing with fans in the coming months and they hope to reach an agreement by the end of 2024.