Chancellor Rachel Reeves has publicly backed plans for the redevelopment of Manchester United’s home ground Old Trafford. Plans to regenerate the area around Old Trafford were last week approved by the government,

Manchester United are set to make a decision at the end of the season on whether to redevelop Old Trafford or build a new stadium.

Trafford town hall bosses have now backed a ‘once in a generation opportunity’ for the £4.2bn redevelopment of Manchester United’s Old Trafford stadium - and with it, the regeneration of western gateway of the city along banks of the Manchester Ship Canal.

Manchester United's plan to build a 100,000-seat stadium has taken a big step toward becoming reality, with the vision receiving the green light from the Trafford Council executive.

Co-owner Sir Jim Ratcliffe controversially suggested that Levelling-Up funds could go towards redeveloping Old Trafford and the surrounding area. The 71-year-old’s stake in United includes £273million for the redevelopment of the stadium, but that money would not come close to covering the kind of renovation he seeks.

Manchester United's plan to build a 100,000-seat stadium has taken a big step toward becoming reality, with the vision receiving the green light from the Trafford Council executive. The approval on Monday evening came after the British government backed the regeneration project.

The Government will not fund any of the 'sporting elements' of the redevelopment of Manchester United's Old Trafford ground and its surrounding area, the Business Secretary Jonathan Reynolds has said.