The project carries a budget of €2.3 billion, with no opening date announced yet.

The development is pitched as a club-wide investment intended to increase capacity, revenue, and the matchday experience.

The Mayoral Development Corporation will publish the wider masterplan on July 9 and initiate formal public consultation during the design phase.

Manchester United has purchased a 25-acre triangular land parcel about 350 meters northwest of Old Trafford to enable a new stadium project, marking a milestone in reshaping the club’s footprint.

Collette Roche, the stadium development CEO, emphasizes preserving heritage by locating near Old Trafford and prioritizing atmosphere, affordability, and accessibility for supporters.

The club plans to publish a formal regeneration project vision on July 9, detailing further plans and timelines.

Design work is resuming with supporters in mind; after fan feedback, the initial idea for three large canopies was dropped in favor of a streamlined design.

Renderings of the proposed stadium have been released online to give the public a view of the design and layout.

The broader plan, valued around £2 billion, aims to modernize facilities and spur regeneration, including 15,000 new homes and tens of thousands of local and national jobs.

Foster + Partners will oversee the design, following a pause in land talks, as design work resumes.

Old Trafford’s current 74,000-seat stadium will undergo interim renovations, with details to be unveiled on July 9.

The project seeks to maintain the current gameday atmosphere while expanding the area with new homes and businesses around the stadium and canal.