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INEOS now tipped to make major compromise to £2bn plans for new Manchester United stadium

Manchester United’s owners may be forced to make significant compromises to their £2 billion vision for the proposed new stadium, as escalating costs and planning delays threaten to derail the ambitious project.

The club unveiled concept images for a 100,000-seater venue several months ago, which Sir Jim Ratcliffe hoped to see completed by 2030. However, the project has already hit multiple obstacles.

The club are reportedly being quoted around £400 million for essential land next to Old Trafford, and without that purchase, progress on the new ground cannot move forward.

Now, amid concerns over rising construction costs, football finance expert Kieran Maguire has warned that INEOS may need to scale back key aspects of the project, including the proposed capacity.

Manchester United could scale down stadium size

Ratcliffe’s original plan was to build a 100,000-capacity arena, significantly more than Old Trafford’s current 74,310 seats, but that is looking increasingly unrealistic under current financial conditions.

Speaking to United in Focus, Maguire said it was unlikely the club could deliver the project on budget, pointing to rising interest rates, labour costs and material expenses as major challenges.

The finance expert suggested a reduced capacity between 70,000 and 80,000 seats was more practical, mirroring large stadiums in the United States. Maguire also predicted that more seats would target corporate hospitality rather than general admission fans.

Old Trafford soccer football stadium of Manchester United.
Manchester United are looking to build new stadium. Credit: IMAGO / Depositphotos

Club owners might have to break promise to fans

When United first revealed the new stadium concept, the timing offered fans hope amid a turbulent period on the pitch, but optimism has faded as deadlines slip and details continue to change.

The stadium’s once-promoted canopy feature might be scrapped, which could make the financial projections of a £2 billion build and a 2030 completion date now appear optimistic.

Funding and planning challenges mean a smaller, more cost-effective version of United’s future home now seems inevitable, which might leave some fans disappointed.

FGG Says

Manchester United’s new stadium plans were always going to test the limits of ambition and realism. The vision of a 100,000-seat arena sounded grand, but the economic landscape has shifted sharply since those early concepts were drawn.

INEOS may have to settle for evolution rather than revolution. If managed smartly, this compromise could still leave United with a world-class stadium without sinking the project under the weight of expectation.

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