Manchester United is enthusiastic about government support for a regeneration project around Old Trafford, seeing it as a significant opportunity for economic growth. The proposal includes either redeveloping the existing stadium to increase capacity or building a new stadium altogether. Chief executive Omar Berrada emphasized the need for collaboration with public entities to realize the vision. Additionally, the Mayor of Greater Manchester, Andy Burnham, described the initiative as the largest urban regeneration project since London 2012, crucial for regional development over the next decade.
"The delivery of a world-class stadium can be the catalyst for major regeneration of an area of Greater Manchester which requires new investment to thrive again," Berrada said in a statement.
Rachel Reeves championed the Old Trafford project as 'a shining example' of the Government's plans to promote economic growth by enhancing local infrastructure.
"With our devolved powers we're mobilizing the whole Greater Manchester system to lock in growth for the next decade and reap the rewards for our city-region," said Burnham.
Burnham expressed enthusiasm for the project, highlighting it as 'the biggest opportunity for urban regeneration this country has seen since London 2012,' part of a larger economic vision.
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