MANCHESTER UNITED have released a statement on the development of their brand new stadium as the project creeps forward.

The £2 billion reached a major milestone today with the official launch of the Old Trafford Regeneration Mayoral Development Corporation (OTR MDC) – fronted by Lord Seb Coe.

What the inside of the new stadium is set to look likeCredit: AP
It’s going to be a wide redevelopment of the area, not just a new stadiumCredit: AP
This is what Old Trafford and the surrounding area looks like nowCredit: PA
There will be around 15,000 homes nearby once this project is completeCredit: PA
The whole new district will generate around £7bn a year for the UK economyCredit: PA

The OTR MDC plans to be the driving force behind the transformation of the 370-acre Old Trafford area, which will feature more than 15,000 new homes and 90,000 jobs, improved public spaces, and significant infrastructure benefits for supporters, residents and visitors.

Combined with the new 100,000-seater stadium for Man United, the regenerations plans will bring an estimated extra £7bn-a-year in revenue to the UK economy.

Collette Roche, Manchester United Chief Operating Officer, said: “It’s an honour to represent Manchester United at the launch of the Old Trafford Regeneration Mayoral Development Corporation.

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“Our ambition is to build the world’s best football stadium – one worthy of our supporters, our history and our future. We want to create the best matchday atmosphere and experience anywhere in world football, while ensuring the stadium acts as a catalyst for a vibrant new district for fans, residents and visitors.

“Today marks a landmark moment for our club, for Trafford, and for Greater Manchester.

“We express our thanks to Lord Coe, Mayor Andy Burnham, Trafford Council, GMCA, and all our partners and community representatives for their leadership and collaboration in helping us reach this important milestone.”

Olympic legend Lord Coe shared his excitement for getting stuck in and making these plans a reality.

OTR MDC Chair, Lord Coe, said: “Today is a defining moment, the beginning of a long-term commitment to transforming the Old Trafford area.

“We are now open for business – and there’s a lot to do! Over the next few months, we will share our outline masterplan, and we will begin to make this vision a reality.”

Man United are hoping their stadium will be one of the host venues for the Women’s World Cup in 2035, some nine years away.

Their current home Old Trafford has not been expanded since 2006 and its dated facilities have been widely criticised in recent years, with footage of roof leaks and flooding on the concourse areas rife on social media.

And while United have had the leading stadium in the country for some time, plenty of their rivals are catching up in pedigree, if not capacity.

The plans are wide spanning with the stadium serving as the centrepieceCredit: PA
Fans will be able to watch games outside of the stadium with beautiful surroundings, tooCredit: PA
The inside of the ground looks state of the artCredit: PA
The stadium is set to cost £2bn, but it will be one of the leading grounds in the worldCredit: PA
With Old Trafford almost falling apart, the new plans will take the club into another stratosphereCredit: PA

Tottenham Hotspur are widely regarded to have one of, if not the best stadium in the league after its opening in 2019.

Both Nottingham Forest and Leeds have also begun work on brand new stadiums with capacities over 50,000 while Newcastle continue to explore either redeveloping St James’ Park or building a new ground.

There is hope that the new Man United stadium will take five years to build, though estimates are hardly ever exact in these complicated processes.

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