At the end of the season, Manchester United will decide whether to build a new stadium with a capacity of 100,000, called “the Wembley of the North”, or renovate the current stadium to accommodate 87,000 people. It is likely to take six years and cost more than £2 billion to construct a new stadium on the nearby site.

Manchester United has received support from the British government for the club’s project to regenerate the area around its Old Trafford stadium.

Manchester United have received a major boost in plans for the redevelopment of Old Trafford with UK Chancellor Rachel Reeves throwing her support behind the project. Reeves says United’s ambition to create a community hub around the stadium is a “shining example of the bold pro-development model that will drive growth across the region” — in a sign the government is ready to help enable some form of financial backing.

Manchester United has welcomed the announcement of Government support for the project to regenerate the area around Old Trafford, with chief executive Omar Berrada describing it as a "once-in-a-lifetime opportunity".