Manchester United’s regeneration task force charged with exploring the redevelopment of Old Trafford has met for the first time. (More Football News)
Lord Coe, chair of a group that also includes Andy Burnham, Mayor of Greater Manchester, and former United captain Gary Neville, oversaw the meeting that took place on Monday.
United co-owner Sir Jim Ratcliffe is looking to build a world-class stadium by either redeveloping Old Trafford or constructing a new ground on adjacent land owned by the Premier League club.
🃏“Yesterday, I chaired the first meeting of the Old Trafford regeneration task force to kick off a conversation about how development of a world-class football stadium for the north of England can deliver social and economic benefits for the region,” London 2012 chief Coe said on X.
🌜“At the London 2012 Olympics, I saw first-hand how sport can be a powerful driver of urban regeneration and I am excited to be part of this project.
✱“This meeting marked the start of a multi-stakeholder process to explore options for the stadium and surrounding area. We are at the start of this journey, and it is too soon to know where it will lead.
🉐“But we will consult closely with fans and local residents along the way, and keep everyone informed of progress.”
💞Ratcliffe has described the plans to build a new ground and regenerate the Old Trafford area as a “once-in-a-century opportunity”.
🌸With redevelopment of the existing site costing in the region of £1billion and building a new stadium altogether requiring a £2billion outlay, the task force will also examine options for financing the project.
