
Man Utd update over new 100,000-capacity stadium as club aim to host major 2035 tournament
United announced plans to expand Old Trafford in March and appointed two-time Olympic gold medal runner Coe to spearhead the operation.
5
5
5
Initially, Coe led the Old Trafford Regeneration Task Force.
The group was set up to explore options for developing a new stadium and regenerating the surrounding area which also featured the Gary Neville.
But Coe will now be influential in the next stage of the project after being named as the Chair-Designate of the Mayoral Development Corporation (MDC) for the Old Trafford Regeneration project.
Coe will now play a key role in the next stage of the project as plans advance to deliver a new 100,000-seater stadium at Old Trafford.
He said in a statement: 'I'm delighted that I've been asked to be the chair designate of the proposed Old Trafford Mayoral Development Corporation.
'Throughout my career, I've seen the difference that sports-led regeneration can make in fostering strong communities and acting as a catalyst for economic growth.
"That was certainly true of the London 2012 Olympics and Paralympics – and now, I believe, Greater Manchester's moment has come.
'Working with Trafford Council and the Mayor, there's huge potential to bring new homes and jobs to the area around the Manchester United stadium.
What we know about the 'new' Old Trafford
MANCHESTER UNITED plan to build a new stadium rather than redevelop Old Trafford.
The decision was made after a number of fact-finding missions to other stadiums including the Bernabeu and Nou Camp.
The cost of the project is expected to be a staggering £2billion.
A capacity of 100,000 is expected.
It is felt that a club of United's standing should have a new state-of-the-art facility.
The new stadium will be built on land adjacent to the Red Devils' current home.
United are looking to not only build a stadium but regenerate the area of Trafford where the ground will stand.
There had been plans to KEEP Old Trafford rather than demolish it, and use it as a scaled down second venue.
However, it's looking increasing likely that it will in fact be entirely demolished.
The club consulted with 30,000 fans about what to do and believe there is roughly a 50-50 split on staying or moving.
The club have appointed the architects Foster + Partners to come up with a "masterplan". The company were behind Wembley Stadium.
Old Trafford has been United's home since 1910.
The target is for completion by 2030.
"And looking ahead, I see a chance to bring the FIFA Women's World Cup to a new Old Trafford Stadium in 2035.
"The home nations are the sole bidder, which presents a rare opportunity to bid to host the global football family'.
Man Utd offered Jamie Vardy plus TWO Premier League icons | Transfers Exposed
As a runner, Coe won four Olympic medals over 800m and 1,500m but he retired in 1990 and later moved into politics.
He also played a major part in helping London win the right to host the 2012 Olympics serving as the chairman of the campaign's committee.
Concept images of United's proposed new stadium have been released via Lord Norman Foster, the award-winning architect.
United said they will look for public funding for infrastructure of the £2BILLION project - but will not look for money for the stadium build.
Coe's appointment does need to be signed off by government - but that is viewed as a formality.
United are also set to appoint a head of senior recruitment, according to The Athletic.
This newly created role will oversee the club's senior scouts and report to director of recruitment Christopher Vivell.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Independent
10 minutes ago
- The Independent
Transfer news live: Rashford nears Barcelona switch, Liverpool's Ekitike offer, Arsenal latest
The summer transfer window rolls on as Premier League clubs and those around Europe look to add to their squads ahead of the 2025/26 season. Arsenal 's negotiations for Sporting's Viktor Gyokeres had stalled due to a difference in valuation and terms, though the Gunners are now in the process of completing a move after a breakthrough in talks. Noni Madueke was unveiled on Friday, whereas Eberechi Eze remains a target, but Arsenal are set to leave on their pre-season tour of Asia without completing the deal for a new striker. Manchester United continue to focus on a deal for Bryan Mbeumo and have now agreed a fee for the Brentford forward with a medical to follow next, while there remains plenty of focus on outgoings as Marcus Rashford, Alejandro Garnacho and Jadon Sancho near the exit door. Liverpool are in advanced talks with Eintracht Frankfurt over Hugo Ekitike. The former Paris Saint-Germain player has a €100m (£86m) release clause and it is expected that Ekitike would want to make the switch to Anfield and that personal terms could be agreed with the 23-year-old.


The Independent
10 minutes ago
- The Independent
Who will Oleksandr Usyk fight next after stopping Daniel Dubois again?
Oleksandr Usyk underlined his class as a generational talent in the ring with a superb fifth-round stoppage over Daniel Dubois at Wembley. The bout, a rematch of their controversial first clash in 2023, earned Usyk his 24th win and saw him become undisputed heavyweight champion for the second time. As the dust settles on his dominant victory over the Briton, attention is already turning to who the 38-year-old may face next. The Ukrainian made no allusions to retirement, instead telling the Wembley crowd: 'Next, I don't know. I want to rest now – maybe two, three months just rest.' But he left himself open to a number of challengers, mentioning three names in in his post-fight interview: Tyson Fury, Anthony Joshua, Joseph Parker. Derek Chisora was also tabled as a potential opponent. Dubois' promoter Frank Warren confirmed Parker is next in line, in a mandatory defence for the WBA champion. But it was YouTuber-cum-boxer Jake Paul who stepped into the ring to face off against Usyk, mere moments after he defeated Dubois, leading to speculation that the American would be his next opponent. Paul has a 12-1 record as a professional boxer, with his most recent result a points win over former world champion Julio Cesar Chavez Jr. However, Saudi adviser Turki Alalshikh said last week that Paul has 'accepted' a fight with Anthony Joshua, potentially complicating plans for Usyk to fight either of the pair. Joshua's last bout came in September, when he suffered a knockout loss to Dubois at Wembley. Fury was the first name Usyk suggested, receiving cheers from the Wembley crowd, with the Briton recently announcing another return from retirement.


Telegraph
11 minutes ago
- Telegraph
Oxford fusion pioneer risks running out of cash within months
A British nuclear fusion pioneer has warned it risks running out of cash within six months as it races to raise millions of pounds in funding to secure its future. First Light Fusion, which is based in Oxford, is in talks with investors to raise £20m after burning through tens of millions of pounds to develop its novel fusion technology. The start-up, founded in 2011, had sought to develop what it called 'projectile fusion', developing a giant gas-powered gun that would fire a 5p-sized projectile at extreme speeds into a fuel source, sparking a fusion reaction. However, the company abandoned plans to build a prototype reactor earlier this year as it struggled to raise funds. The business is now seeking financing to supply its inventions to other fusion and technology companies. It has created what it calls an 'amplifier', a fuel capsule that can boost the power of nuclear reactions. First Light had previously raised more than £75m from investors including Tencent and London-listed IP Group. However, in company accounts signed off last month, First Light said it now only had cash reserves to continue to trade 'until mid-January 2026 whereupon additional funding shall be required'. The business said it had secured £10m in March, in the form of a convertible loan, and was in talks for a £20m equity injection in the coming months. However, that funding had yet to be confirmed, casting 'significant doubt on the company's ability to continue as a going concern'. The accounts for First Light said it had £9.9m in cash at the end of March and had burned through £13.4m in the past year. It said it ultimately planned to raise £60m. In April, The Telegraph reported that one of First Light's biggest investors had cut the value of its stake in the loss-making business by around 60pc. Holy grail of clean power Nuclear fusion aims to harness the kind of reaction that takes place at the heart of the sun, forcing hydrogen atoms together to release enormous amounts of energy. It is seen as the holy grail of renewable power as it has the potential to deliver continuous power, with helium its only by-product. Researchers have pursued fusion power for decades, but significant engineering and scientific challenges remain before a reactor can begin producing energy. The scramble for funding at First Light comes despite Labour promising to invest £2.5bn in fusion research over the next five years with the aim of developing a working reactor by 2040. On Thursday, Ed Miliband, the Energy Secretary, announced measures to ease planning rules for future fusion projects. Several US fusion companies have raised hundreds of millions of dollars to develop the technology. Last month, Google agreed to buy 200 megawatts of power from an as-yet undeveloped fusion plant in Massachusetts. Earlier this month, First Light confirmed its founder, Nicholas Hawker, had left the start-up. In a post on X, he said: 'I remain 100pc convinced that fusion can be done. But there are a set of hard truths that no amount of VC hype can disappear.' David Bryon, First Light's chief financial officer, said the company had seen significant interest, both in the UK and internationally, in its £60m fundraising round. He said: 'This is thanks to our strategic shift to a capital-light, high-margin business with applications across fusion, materials science, space and sovereign defence. With our unique capabilities, First Light is putting Britain at the heart of the global inertial fusion market.'