The Trafford Council has approved Manchester United's ambitious plans to create a new 100,000-seat stadium, backed by a British government regeneration initiative. While the final decision on whether to renovate Old Trafford or build a new facility will be made at the season's end, co-owner Sir Jim Ratcliffe supports the new stadium project. The plans promise to create approximately 48,000 jobs and 15,000 new homes, injecting £4.2 billion into the local economy, alongside revitalizing key sites in the area, including Trafford Wharfside.
'The Trafford Wharfside masterplan ... takes in the world-famous sporting institution that is Manchester United as well as other major sites, including the Imperial War Museum and the Manchester Ship Canal.'
'The decision to either renovate Old Trafford or build an adjacent facility is not expected until season's end, although co-owner Sir Jim Ratcliffe favours a new stadium on an adjacent site.'
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