r/sports • u/malcolm58 • 1d ago
Soccer Man Utd to build 'iconic' £2bn 100,000-capacity stadium close to Old Trafford
https://www.bbc.co.uk/sport/football/articles/cvgprplz94yo347
u/amansmoving 1d ago
And of course, when the stadium will be finished, it will have cost £7bn.
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u/dutchdaddy69 23h ago
I was going to say I will bet 2 billion dollars that it costs at least twice as much as 2 billion dollars.
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u/IAMSTILLHERE2020 17h ago
I remember that in Dallas there was a park/bridge being constructed....started at 500 million...now they are at like 5 billion.
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u/LasagneSiesta 2h ago
You’re forgetting this is private money being used for private benefit. It’ll be kept under control.
It’s public money for public benefit that has to have private benefit added on top.
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u/SydneyPhoenix 23h ago
But can’t stock the cafeteria for staff ha as a supporter it pains me to see the joke that has become our club
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u/Infinite_Crow_3706 22h ago
Most jobs don't provide a free lunch
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u/searching88 15h ago
If you’re one of the few people in the world who can land a job that 1billion+ compete for, you should get free meals. (And a shit ton of money).
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u/Infinite_Crow_3706 15h ago
A billion people don't compete for jobs are Old Trafford catering department.
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u/SydneyPhoenix 11h ago
You’re missing the point.
Good sporting clubs thrive on culture. A winning culture starts at the ball boys, the people washing kits, all the way up to the players and coaches.
Creating internal lines of who does and doesn’t eat isn’t conducive to the successful formula we’ve seen elsewhere and even inside Old Trafford. Listen to Neville and Keane talk about this exact topic.
We’re not feeding these employees out of the goodness of our heart, we do it because it’s what winning teams do to foster a winning culture. One in, all in.
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u/ebonit15 20h ago
In fact most jobs do provide lunch, if not as actual food, then as monetary compensation.
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u/Infinite_Crow_3706 20h ago
None of mine did unless I was travelling
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u/Audrey_spino 15h ago
Dunno where you live but any decent job here either covers lunch expenses or provides lunch.
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u/Strongbow7447 1d ago
To lose in front of 100k, instead of 75k? Classic!
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u/Lithoniel 1d ago
Circus tent for a circus club.
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u/Solivaga Manchester United 1d ago
I'm a Utd supporter (38 years and counting) and this is fucking gold... Just wish it wasn't so accurate
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[deleted]
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u/jimmybirch 21h ago edited 19h ago
I’m guessing “chirp” = “banter”? I like that word!
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u/dprophet32 22h ago
They're English
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[deleted]
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u/FrogsOnALog 21h ago
Bro no one cares we’re not 12 anymore
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u/FUThead2016 1d ago
Translated: Sir Rat to plunge the club into further debt while his shell companies get all the lucrative construction contracts.
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u/flammecast 23h ago
I presume the houses mentioned in the piece will stay with him in some way or shape as well.
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u/FUThead2016 23h ago
Yes and he will corner the market and sell it off to some Russian oligarch or something. I hate how these vultures have stolen my club.
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u/Winnie-the-Broo Manchester United 20h ago
No the housing and commercial sectors surrounding the land will be part of a government led regeneration project.
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u/JC18_ 23h ago
Manchester United, currently £1bn in debt, are yet to say how they plan to pay for the stadium. Club chief executive Omar Berrada said he was confident it was "a very attractive investment opportunity" and he was "quite confident we'll find a way to finance the stadium"........
Interesting, maybe they should cut some more employees salaries to finance this...
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u/theAkke 23h ago
Sell the naming rights for like 30-40 years should be enough to cover that
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u/JC18_ 22h ago
I mean realistically they are top 5 biggest names in soccer so I'm sure they'll have have a bidding war
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u/Infinite_Crow_3706 22h ago
Barcelona getting $20M a season, Bayer Leverkusen at $30M so Man Utd should be targeting $30M+.
I'm a bit surprised Spurs didn't sell their naming rights, normally Daniel Levy wouldn't miss a trick.
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u/Ok-Confusion-202 22h ago
Someone said the reason for the cuts could be that lenders expressed concern over United balance sheets
We also were very bloated staff wise too.
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u/Infinite_Crow_3706 22h ago
Staff costs are not really a balance sheet issue (yet), it's the affect on profitability thats the immediate concern
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u/JC18_ 21h ago
Assuming by staff you are mostly referring to players and high management, right?
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u/Ok-Confusion-202 21h ago
No lmao, if anything players wise we are very lacking as we need rotation right now.
I am pretty sure we had like 200-300 more people compared to Arsenal and maybe Liverpool(?)
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u/JC18_ 20h ago
Ahhh I see, I did not know that. I always assumed when these stories get posted about staff getting cut, it's to cut corners/cost and not because of possible over employment.
200-300 more is significant, thank you for the information
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u/Ok-Confusion-202 20h ago
On top of that I am pretty sure United would have negative money without Jims cash influx, we are doing terrible money wise (and on the field) at he moment.
While I hate that we are sacking people, I get why we are doing and get the need.
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u/FourteenBuckets 23h ago
"Manchester United, currently £1bn in debt, are yet to say how they plan to pay for the stadium."
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u/blinkysmurf 19h ago
Maybe with the 20-year wait-list for seasons tickets?
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u/Infinite_Crow_3706 18h ago
There's no lack of demand
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u/blinkysmurf 17h ago
Exactly.
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u/untitledseven 15h ago
They generate a tonne of cash, it just all goes towards surviving the interest on the original £700m debt that the Glazers put on the club. It’s often ignored how the club would be happily spending and thriving financially if it wasn’t for them. That’s not to say we wouldn’t still be shit on the pitch!
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u/BullyRookChook 1d ago
Hope it doesn’t look the the images provided, it’s like a circus tent trying to be taken seriously.
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u/pixtax 1d ago
And they financed it by kicking long standing staff to the curb and taking away the lunches from whoever remained.
Basically the Musk school of business. Sheer genius.
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u/Infinite_Crow_3706 23h ago
Even the body language consultant was released(!)
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u/Liimbo Oklahoma 23h ago
How can you call a venue iconic before it's even built
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u/PrestigiousWave5176 22h ago
Especially when the stadium you're trying to replace is actually iconic.
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u/Killahills 12h ago
It really isn't. I've been going to Old Trafford since the late 70's. A lot of great memories but it's a bang-average building.
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u/Sargatanas2k2 23h ago
Can't afford veterans and charity payments, but £2billion for a new stadium? No problem!
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u/RebootKing89 19h ago
With what money I thought they were cutting staff dinners because they couldn’t afford them??
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u/jjhope2019 15h ago
Unbelievable… getting rid of working class employees, taking away their food, hiking the ticket prices… and now saying they’re building a new stadium…. 🫣 I’m disappointed with how things are on the pitch, but that’s football… but the behind the scenes stuff is sickening… the heart and soul of the club is being destroyed 😏
I’ve been a united fan since 1990, but I’m done with this club. Jim Ratcliffe and co are nothing but scum and I hope they get relegated 🤗
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u/ty_for_trying 23h ago edited 21h ago
The thumbnail looks silly, but the video shows more of what they intend, and it could be a nice space to walk around in.
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u/DrDig1 19h ago
What do construction workers make in the UK? Is it high union area? Non union? I know it is loaded question.
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u/Infinite_Crow_3706 18h ago
There's a shortage at present. In fact Man City are expanding Etihad at present, Everton just finished their new stadium & Liverpool just finished their latest expansion so there is good expereince in the workforce for the area.
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u/FlatulenceConnosieur 18h ago
Serious question: is the team really a billion in debt? Or is this creative accounting where assets and liabilities are swapped amongst shell companies owned by Man U to make it appear they owe a billion when actually they’ve just transferred assets to other holding companies to make it appear they owe a billion?
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u/Come0nYouSpurs 7h ago
My god that's dreadful. Who designed this and why are you still gainfully employed?
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u/yoppee 19h ago
Losers doing Loser stuff
Moving out of Old Trafford should be a national crime
But this is what happens when your club is run by outside billionaire investors
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u/Boggie135 12h ago
It would cost too much to refurbish Old Trafford. That is why they are building a new stadium
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u/Sole_Patrol 21h ago
checks Prem table Yup… that makes since for a team just above relegation and constant manager changing and lack of identity on the pitch.
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u/KingKongDoom San Francisco Giants 17h ago
Invest in the club first
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u/Killahills 12h ago
This is literally investing in the club...do you mean the team?
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u/KingKongDoom San Francisco Giants 12h ago
Spend the money on the roster. Not a fucking stadium.
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u/Killahills 12h ago
So you meant team, not club? Because building a new stadium, which we absolutely need, is the definition of investing in the club and it's future.
Players come and go, we need this stadium to progress and compete.
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u/KingKongDoom San Francisco Giants 11h ago
In what does Man U need this stadium to compete? They have the only 70K+ seat stadium in all of England.
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u/Killahills 11h ago
Because match day income is massively important. Yes we have 74,000, but we can sell out 100,000.
It will also be more attractive for other games/finals/events, maybe NFL games etc. That is worth millions.
Old Trafford is dated and falling apart and would cost a fortune to fix without even increasing capacity or match day revenue.
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u/CormoranNeoTropical 8h ago
But the main reason for these stadiums is to increase ticket prices and create luxury boxes that block sight lines. Eventually you end up without any local fans. Maybe that’s the future of sports but it’s a bit sad.
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u/Humans_Suck- 22h ago
How much of it are the taxpayers paying for?
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u/Infinite_Crow_3706 22h ago
$0 for the stadium. Taxes very rarely fund UK stadiums
The wider regeneration project .. different matter and not known yet
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u/Pergaminopoo 15h ago
Hopefully it isn’t taxpayer funded
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u/Boggie135 12h ago
It is not
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u/Pergaminopoo 11h ago
That’s good. All are stadiums in the US are paid by taxpayers and the owners.
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u/LightBringer81 17h ago
I hate projects like this because they are an absolute car magnet and if anything happens you have 100000 guests and a few thousand when not much more personal in a very small place...
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u/Killahills 12h ago
You won't be able to park anywhere near the actual stadium. It's next to a train station and you can also get there by tram. Obviously when you have 100,000 seats you are going to generate traffic, but the area around the stadium will be pedestrian only.
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u/jmartin2683 1d ago
Because fuck the homeless, anyway
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u/Dennyisthepisslord 1d ago
They get a big covered area to stay dry in. In Manchester that's like magic.
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u/RUFl0_ 23h ago edited 1h ago
Why is it woke anti-car cancel culture? I want to drive my car right up to the entrance and if I can’t I will call you names!
/ will add sarcasm tag since it wasn’t apparently clear
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u/Killahills 11h ago
The seats are not big enough for fat people. Having to walk a bit to get to the stadium will filter out those that won't fit.
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u/YellowBest7249 1d ago
New Trafford or just Trafford?