Sir Jim Ratcliffe has ruled out the construction of a new stadium, looking ahead to his expected purchase of a stake in Manchester United.
The British billionaire is on the cusp of purchasing a 25 per cent stake in the club and taking control of football operations.
Sources close to Sir Jim have revealed that the chairman and chief executive officer of the INEOS chemicals group, which he founded, Ratcliffe has ruled out a £1.5billion new home.
As part of his overhaul of the club, he will consider alternative plans to renovate and expand Old Trafford and improve facilities in and around the famous old ground.
Old Trafford was one of England’s most iconic stadiums but the roof has been leaking for years.
Its facilities are also outdated compared to Tottenham’s new home and Manchester City’s stadium.
Ratcliffe is set to pledge £245million to improve infrastructure at the club.
Despite the shortcomings at Old Trafford, Mail Sport has learned that the bulk of that cash is earmarked for a new training centre rather than for the stadium.
It is estimated that between £150m and £200m has been earmarked to modernise the Carrington training ground.
suacilopsy
1
nonsense
timmiling
0
If they want the solution to the current man.u predicament, fans should stop buying jersey or merchandise and tickets...
keaadt
0
What’s new. We knew that he just wanted partnership that’s all.
TommyTang
0
Priorities must be given to training and players development. The stadium has a historical value and should be preserved. Clubs who spend wisely will move it forward but big clubs also preserve their heritage
lexjery
0
I hope United fans who like to point fingers at the coach and players read this article? You can't get the Bert out of your players if they train using substandard facilities and the coach can't perform magic when the owners refuse to buy top players as well. These are the major problems at the club and performance will not truly improv enough to compete against other top teams until there is a change.
totally agree with u and unnecessary injuries is as result of this same substandard facilities
lexjery
6
jassim is our only hope, even if sir jim invest now sooner or later the same problem will emerge as this men invest for profit, when the profit is no more sustainable depth will accumulate then we will be back here again
Cimaeknsty
1
Total nonsense,GLAZERS IS OUR ENEMY,GIVE SHEIKH JASSIM THE DEAL
Davichi
2
I hope United fans who like to point fingers at the coach and players read this article? You can't get the Bert out of your players if they train using substandard facilities and the coach can't perform magic when the owners refuse to buy top players as well. These are the major problems at the club and performance will not truly improv enough to compete against other top teams until there is a change.
ezekielakinsanya
0
u can see that this man mad man
Daphoenix23
0
DOOMCHESTER UNITED loading … … …
zoeadelst
0
Yes firstly spend wisely 200 million for a modern training ground a change of atmosphere for the player or else sell the carrington training ground and buy another beautiful atmosphere
Famcenoptu
0
God have mercy 😢
wait for jassim
Famcenoptu
3
sheikh jassim will win this though romurs say is out of the race
Mayhem87
1
God have mercy 😢
Sisamost
0
ETH the best, please fight so that we keep him at ot
He is not the best. He is average.
donthedutch77
2
Managers will start avoiding Manchester united. they are so unserious with developing the team. lack of proper funding to secure right players for the club.
majorsims
1
just as expected from the moment he became the favourite to taking over of Manchester united
foncdenrsu
0
the GOAT is only messi
foncdenrsu
2
the GOAT is only messi so let's stop pretending as if Ronaldo is the goat🙏
piubisuz
0
SJR and the J&A Glazer have nothing better to offer to Man Utd. Big clubs are building new stadia and these chaps are failing to re-build a new stadium. Let them sell to one who is serious about building a new stadium, the Sheikh. Stop clowning Glazers.
rehaekorty
0
man utd should look for a better manager than eth.
Leybiknyz
1
rubbish deal
cohcikort
0
ETH the best, please fight so that we keep him at ot
Yiwdikmpry
1
ETH A BLOODY CLOWN. YOU ARE DESTEOYING THE WHOLE TEAM
SMHellas
0
If he won't build a new stadium, he needs to ensure the current structure is completely revolutionised and modernised and is made into a state of the art venue
woabceost
1
.....Modernise Carrington training ground of which CR7 was crucified for speaking out about the need to update the old out dated facilities - REAL GOAT deserve the best!!....and current and future players should be thankful !!