Omar Berrada gives Old Trafford update as Manchester United share financial results
Omar Berrada has confirmed Manchester United are still working towards a decision on the future of Old Trafford.
It was announced in March that a task force had been created and that it would be chaired by Lord Sebastian Coe.
The panel was created to explore all options for Old Trafford and to examine the feasibility of a new-build stadium and wider regeneration.
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The Old Trafford task force held its final meeting in December and United CEO Berrada has reported back to United's ownership to discuss whether to revamp or rebuild the stadium.
United published their financial figures for the final three months of 2024 on Wednesday and a statement from Berrada accompanied the results. “We recognise the challenges in improving our men’s team’s league position and we are all working hard, collectively, to achieve that," said Berrada.
"At the same time, we are pleased to have progressed to the knock-out phase of the UEFA Europa League and the fifth round of the FA Cup. Meanwhile, our women’s team is currently placed second in the Women’s Super League, and has reached the quarter finals of the FA Cup.
“Our redevelopment of the Carrington training complex remains on track. We continue to work towards a decision on the future of Old Trafford as part of a wider regeneration programme.
"This follows the work of the Old Trafford Regeneration Task Force in demonstrating the significant economic potential of a revitalised area around a future stadium project.”
Sir Jim Ratcliffe wants to build a new Old Trafford to create a "Wembley of the north" and a "stadium that's befitting the club and the brand", which will cost an estimated £2billion.
Last June, United unveiled plans to spend £50million on improvements to the men's first-team building at Carrington to deliver a "world-class facility with a positive culture to support future success".
Club sources indicated the £50m would be drawn from the $300m Ratcliffe committed for infrastructure as part of his acquisition of a minority stake in the club.
