MANCHESTER UNITED EXECUTIVES SET TO EMBARK INTO THE MASSIVE STADIUM PROJECT- What Will This Cost The Glazers & The INEOS- Plans For The Future Of Manchester United Under The Glazers And INEOS Co- Ownership Dynamic- What Has Happened So Far? ( Part 2)
So, is the Manchester United circle set to welcome more debt piled on to the already concerning £773.3 million which already exists within the Manchester United financial Ledger from now on and moving forward into the long-term?
Well, the good news is that there is- or was- a financial option being explored by the Manchester United internal sector In conjunction with the new Manchester United task force assembled to take charge of the plan to construct the new Manchester United Stadium- with the financial option confirmed Had continued to be explored as at the time this article was originally drafted In. In late March to early April 2024. Sourcing funds from the UK government Is one of the primary options being looked at by the Manchester United executives heading into the 2024 spring and summer season. Another option that has also been placed on the table between the Manchester United executives and the existing Manchester United task force is the option of implementing more or less of an automated self-payment plan where the projected new stadium finances set to be implemented at Manchester United is generated from the amenities intended to be implemented as part of the new stadium. All of this is expected to ultimately pay off the debt for the projected new stadium Expected to be constructed at Manchester United throughout the future with amenities such as rental properties and rental amenities expected to be the main financial generators That will finance the new stadium over time.
A bit unorthodox for sure, but how the rental plan works as is understood is a situation where when the complete construction of the new stadium is carried out, Manchester United executives will ultimately embark on a further rental plan which will see Manchester United executives provide a fixed rental fee where profits made from the planned additional creation of a separate company which will be active within the new Manchester United stadium will allow Manchester United executive generate liquidation through rental fee payment which will be charged to each company which is run within the new stadium to help Manchester United executives consistent cash flow coming into the Manchester United treasury throughout the future which will help accelerate the repayment of the potential debt accumulated the over the construction of the new stadium.
This a promising plan for sure especially considering the alternative which is to reintroduce yet another Ownership reign at Manchester United covered with crippling debt- a situation which ultimately has already been experienced immensely during the Glazer regime at Manchester United.
“The people in the north (of England) pay their taxes like the people in the south pay their taxes, But where’s the national stadium for football? It’s in the south (Wembley, north-west London). Where’s the national stadium for rugby? It’s in the south (Twickenham, in south-west London). Where’s the national stadium for tennis? It’s in the south (Wimbledon, south-west London). Where’s the national concert stadium? It’s the O2 in the south (Greenwich, south-east London). Where’s the Olympic Village? It’s in the south (Stratford, east London). All of this talk about ‘leveling up’ and the Northern Powerhouse — where is the stadium in the north? How many Champions Leagues has the northwest won and how many Champions Leagues has London won?
The Trafford Council understood to have given the green light on the Old Trafford regeneration project which will see the creation of a brand-new stadium Implemented at Manchester United courtesy of Manchester United New Co ownership existing between the INEOS and the Glazers Consortium with the task of overseeing the. Creation of the brand-new stadium was handed to the newly established Manchester United task force which accommodates the presence of notable members such as Gary Neville. Sarah Todd, Andy Burnham, and Sebastian Coe were all delegated as the main personnel who had a firsthand approach to overseeing. the planned and completed construction of the new Manchester United stadium, the “Wharfside project”-
The term which the Old Trafford regeneration project is most popularly tagged with- will see the Manchester United ground Old. Trafford accommodates the presence of 5000 new homes constructed around the stadium with the inclusion of all-round improved transportation links and the additional inclusion of a plus product development also intended to be implemented into the new Manchester United Stadium throughout the future.
Certainly, a lot of positive signs are projected to be headed In Manchester United's direction as the future continues to unravel under the new Glazer- INEOS ownership with Sir Jim Ratcliffe and Sir David Brailsford in charge of overseeing all major developments and all major improvements set to be implemented at Manchester United both from an infrastructure angle and from a football angle. The only hiccup to all the positivity and euphoria that has engulfed Manchester United Football Club is that the various improvements- from a football angle and from the angle of infrastructural improvements are projected to completely manifest at Manchester United over the next four or five years with the completion of the Old Trafford regeneration project confirmed to take 15 years to finally be completed.
So maybe the Manchester United circle might want to dial down the euphoria at Manchester United. While there are certainly reasons to be excited as a Manchester United affiliate, the timeline in which all major projects whether from a footballing angle or from an infrastructure improvement angle will be completed at Manchester United will require a long waiting period before each project results to visible success at Manchester United.
