Former Crystal Palace owner Simon Jordan believes that Manchester United minority shareholder Sir Jim Ratcliffe may prefer to build a new stadium rather than redevelop Old Trafford. Reports indicate that constructing a new purpose-built stadium could cost up to £2 billion, but Jordan, writing in his Daily Mail column, argues that Ratcliffe might opt for a plan that not only future-proofs the club but also generates higher revenue:
“Ratcliffe will understand that building a stadium must be accompanied by on-field progress. One must drive the other, not hinder it. He’s an innovator. He builds things, so it’s logical that to achieve the ambition he has for United and the legacy he aims to leave, constructing a more expansive and advanced home for the club will be the central focus.”
“The crucial decision for United is whether to redevelop and expand the current stadium to 87,000 or create something entirely new and even larger. I would lean toward the new build – more costly but with better revenue potential and a long-term future, instead of just adding on. I think Sir Jim would prefer this approach as well.”
What progress has been made on the stadium plans?
The club has already carried out a feasibility study, and the UK government along with Trafford Council have approved the development plans. However, Manchester United has yet to make a final decision about building a new stadium. Securing the necessary funding for the £2bn project could pose a significant challenge.
Fans would hope for investment in United’s squad
A major criticism of Ratcliffe and INEOS so far has been their focus on cost-cutting rather than investing in the team. While partly financing an expensive new stadium could change this perception, supporters are primarily concerned with immediate improvements. The Red Devils spent very little during the January transfer window, failing to support head coach Ruben Amorim with new signings that could enhance the team’s performance. Fans will expect more investment in the summer.
