March 12 – How do you lay our a fortune on a brand new floor while on the similar time investing one other fortune on new gamers? Reply: you possibly can’t.
Which is certain to be the hazard for Manchester United after they formally unveiled plans to assemble a 100,000-capacity, state-of-the-art stadium, which might substitute their historic 115-year-old Outdated Trafford dwelling.
Man United CEO Omar Berrada admitted as a lot by conceding the brand new £2 billion stadium might impression spending on the squad and have an effect on competitiveness for the subsequent 5 years – not nice information for a group languishing in 14th place within the Premier League
“That may be a danger. Clearly, it’s one thing we wish to keep away from,” Berrada instructed reporters on Tuesday on the unveiling of conceptual pictures of the brand new stadium.
“We don’t wish to inhibit our skill to put money into the group, for us to proceed being aggressive whereas we’re constructing a brand new stadium.”
United’s hierarchy sees it as a crucial step in the direction of modernisation and monetary sustainability and Berrada mentioned that the membership would make each effort to stay aggressive over the interval required to construct the brand new floor, which would be the greatest in Britain, subsequent to the prevailing Outdated Trafford.
“There are numerous methods round that; one of many issues we’re taking a look at is to shorten the development timelines so we will have a brand new stadium inside 5 years, that’s our ambition.”
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