United has welcomed the announcement of government support for the project to regenerate the area around Old Trafford.
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Regeneration Project backed by government (the area around stadium, stadium will be paid for by United)
cross-posted from: https://lemmy.world/post/24747356
Manchester United has welcomed the announcement of government support for the project to regenerate the area around Old Trafford. In a statement on Saturday evening, The UK Treasury said Rachel Reeves, the Chancellor of the Exchequer, was championing the Old Trafford project as “a shining example” of the government’s plans to promote economic growth.
Manchester United is working with Trafford Council and the Greater Manchester Combined Authority to develop plans for the regeneration of the Old Trafford area, with the development of a world-class stadium for Manchester United at the heart of the project.
While Manchester United would be responsible for the stadium development, support from public bodies would be needed to unlock the wider regeneration opportunity, including improved transport infrastructure and housing.
Reacting to the Treasury statement, Omar Berrada, CEO of Manchester United, said: “The delive
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