Aditya Bose
The capacity of Old Trafford might be extended to 90,000 if the takeover is completed
According to The Times [subscription required], if Sir Jim Ratcliffe‘s plan to purchase a stake in Manchester United is accepted, Ineos will investigate how to extend a reconstructed Old Trafford into a 90,000-seat stadium. With a 90,000 capacity, it would tie Wembley Stadium as the largest venue in England.
Ratcliffe’s proposal is anticipated to represent the start of a full takeover that would end months of stagnation in negotiations with the Glazers. If the agreement is ratified this week, Ineos will be hoping that substantial personnel and performance structure adjustments would calm supporters who are still worried about the Glazers’ continued involvement.
It is important to remember this promise that Ratcliffe has made about increasing the capacity. Even while it would just look like a few additional seats, on paper, they might drastically increase the club’s earnings and increase its long-term viability.
Old Trafford’s urgent modernization and prospective expansion from its 74,310 capacity, is also believed to have played a crucial role in the negotiations. With cash set aside, it seems that Ineos’ involvement will expedite those plans.
It is also anticipated that Ratcliffe’s offer will be the start of a thorough takeover. Additionally, it has been important that the businessman is open to working with the Glazers and letting them keep a stake.
There is now only Sir Jim Ratcliffe left as a potential buyer after Sheikh Jassim left the race recently. The Glazers are not yet willing to give up their stake in the club just yet.
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Despite Manchester United fans time and again making their intentions about the Glazers clear, they seem no closer to leaving. One can’t help but wonder where this is all leading to.
