Moon Sports > Football > Manchester United prepares to build a new dream theater! Stadium plan is blocked, £400 million spread is stuck in key plots
Manchester United prepares to build a new dream theater! Stadium plan is blocked, £400 million spread is stuck in key plots
Recently, according to official news, Manchester United is preparing to build a new "Old Trafford" stadium, which is known as Wembley in the north, is expected to accommodate 100,000 people, but has encountered key obstacles. The club and freight company Freightliner have reached a deadlock on the acquisition of the adjacent plot, and the quotation gap between the two parties is huge.

It is reported that this land is currently used as a railway freight yard and is crucial to the launch of Manchester United's new stadium. Manchester United's bid is about £40-50 million, while Freightliner and its parent company Brookfield insist on asking for a price of £400 million, with a nearly 10-fold difference stagnating negotiations.
The deadlock directly impacts the project timetable. The preliminary project, which was originally scheduled to start at the end of this year, has been postponed. Club owner Sir Ratcliffe has set a 2030 completion goal, facing severe challenges. Industry insiders generally believe that even if we put aside the land price issue, the unauthorized planning permits, the unfinished acquisition of other land plots, and the failure to formally appoint architects, it is almost impossible to complete the construction in 2030.

More realistic pressure in budget. The construction of the new stadium is expected to cost about £2 billion, but the single cost of the iconic ceiling alone is estimated to reach £300 million. If £400 million is paid for this land, the project may face serious overspending from the beginning.
Manchester United faces difficult choices:
1. Accept high prices and hope to make up for later commercial income.
2. Waiting for price cuts: But Freightliner shows no sign of concession at the moment.
3. Modify the design: Avoid disputed plots, reduce the scale of the court or change the layout.
4. Seeking a mandatory purchase: requesting government intervention, but the process is long and may lead to legal proceedings.

Internal sources pointed out that Freightliner takes the initiative and understands the difficulty and cost of Manchester United's revision of the plan. The blueprint for revitalizing the local economy depicted by Ratcliff is being tested by the real dilemma of this nail land. Manchester United's management's ability to break the deadlock has become the key to the project promotion.
source:7m cn xem truc tuyenRelated Posts
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