{"id":719619,"date":"2026-06-22T18:16:14","date_gmt":"2026-06-22T18:16:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/719619\/"},"modified":"2026-06-22T18:16:14","modified_gmt":"2026-06-22T18:16:14","slug":"man-utd-secure-land-deal-in-major-new-stadium-development","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/719619\/","title":{"rendered":"Man Utd secure land deal in major new stadium development"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Multiple sources have told BBC Sport only the government can alter the multi-billion pound masterplan, regardless of which party Burnham&#8217;s successor as mayor comes from.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Today&#8217;s news highlights the progress we&#8217;re making towards a world-class new home for Manchester United and represents a significant milestone as we move into the next phase of development,&#8221; said Collette Roche, Manchester United&#8217;s new stadium development chief executive.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Being able to build so close to Old Trafford allows us to preserve the heritage, traditions and rituals that are so important to our fans. We are committed to building a world-class stadium with our supporters, not just for them, with atmosphere, affordability and accessibility at the heart of our thinking.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This is a generational opportunity that is fully aligned with both local and national growth ambitions. Securing the right land for our new home has been absolutely critical.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">While some sceptics have questioned whether Ratcliffe&#8217;s vision &#8211; dubbed a circus tent by some &#8211; would become reality, United officials have remained confident.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">However, they have refused to say how much the land has cost, or where the money has come from.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The club confirmed on 12 June they had <a href=\"https:\/\/www.bbc.com\/sport\/football\/articles\/c77yj502z12o\" class=\"ssrcss-18834jl-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">secured $550m (\u00a3415.35m) of funding<\/a> to settle $425m (\u00a3320.95m) worth of bonds that were due to expire in June 2027.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It is not known whether any of that extra capital has been used in this transaction.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">United confirmed they have acquired the land from Indurent, a leading provider of industrial space and a Blackstone portfolio company, but have not said whether it is the same land in the Trafford Park area that Blackstone were reported to have spent between \u00a3275-280m on in 2023.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">United believe their chosen site will offer greater opportunity for stops on the city&#8217;s Metrolink system and, also, the wider rail network, which will help ferry supporters to what would become England&#8217;s biggest stadium.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">How the plans fit into the wider MDC should be known on 9 July, when the draft masterplan for the area is unveiled at Old Trafford.<\/p>\n","protected":false},"excerpt":{"rendered":"Multiple sources have told BBC Sport only the government can alter the multi-billion pound masterplan, regardless of which&hellip;\n","protected":false},"author":2,"featured_media":719620,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[403,99],"class_list":["post-719619","post","type-post","status-publish","format-standard","has-post-thumbnail","category-soccer","tag-soccer","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=719619"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/719620"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=719619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=719619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=719619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}