Manchester United have unveiled ambitious plans to build a new 100,000-seater stadium, aiming to create the world’s best football ground rather than redevelop their current home, Old Trafford. The new state-of-the-art stadium will be constructed next to Old Trafford, and the club has confirmed they will stop playing at the historic ground once the new stadium is ready.

The new stadium is part of a larger project to redevelop the surrounding area, which could bring significant economic benefits. The development is projected to inject an additional £7.3 billion into the British economy and create 92,000 new jobs. Lord Coe, chairman of the Old Trafford Regeneration Task Force, hailed the project as the biggest urban regeneration initiative in the UK since the 2012 London Olympics.