Spring Statement 2025: Reeves misses trick ignoring sport and Old Trafford Sport Business Standing at the dispatch box on Wednesday, Chancellor Rachel Reeves delivered her much anticipated Spring Statement. Just months after her autumn fiscal plan, where she hiked taxes by £40bn and confirmed funding for a football regulator which continues to divide the game, the member of parliament for Leeds West and Pudsey – and one of [...]
UK government backs Manchester United 100,000-seat stadium Sport Business Secretary of State for Culture, Media and Sport Lisa Nandy has said the government is keen to “crack on” in supporting Manchester United’s plan to build a 100,000-seater stadium. Manchester United and co-owner Sir Jim Ratcliffe unveiled plans for a “New Trafford” development adjacent to the Theatre of Dreams that would include a number of [...]
Manchester United reveal plans for Britain’s biggest stadium Sport Business Manchester United have revealed plans to build Britain’s biggest stadium, a £2bn 100,000-capacity venue to replace Old Trafford that will sit at the heart of a “miniature city of the future”. New conceptual images of the venue show an “umbrella” canopy with three spikes, a nod to the prongs of the devil’s trident on the [...]
Manchester United Old Trafford plans set to be revealed March 10, 2025 Manchester United are today expected to announce plans for a new stadium to replace Old Trafford after co-owner Sir Jim Ratcliffe defended the club’s penny pinching. A “Wembley of the North” on the site of Old Trafford has been Ratcliffe’s goal since the billionaire purchased just under 30 per cent of Manchester United last year. [...]
Glazer answers question of whether Manchester United is for sale February 20, 2025 Manchester United co-owner Avram Glazer has given a definitive answer as to whether he would sell his share in the Old Trafford club. The Premier League club published their results this week, showing a £14.5m cost for disposing of former manager Erik ten Hag, sporting director Dan Ashworth and others. The club therefore made a [...]
Mark Kleinman: Ratcliffe’s cost-cutting results in Manchester Disunited January 9, 2025 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles Ratcliffe’s own goal, Shawbrook setting the tone and a FTSE 100 Doomsday clash over pay Ratcliffe’s cost-cutting results in Manchester Disunited Sir Jim Ratcliffe might not like to admit it, but 2024 [...]
Ahead of the Game: Man United cuts could be copied by other clubs December 30, 2024 Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Champions League absence and shorter US tour clobber Man Utd revenue November 26, 2024 Manchester United suffered a £14m drop in revenue for the first quarter of their current financial year after missing out on qualification for the Champions League. Broadcast income for July to September fell by £8m, or 20 per cent, from the same period last year due to Manchester United this season playing in the less [...]
Old Trafford decision could be pushed until spring November 5, 2024 Manchester United are set to delay a decision on whether to refurbish Old Trafford or build a new “Wembley of the North” until next year. The club, owned by the Glazer family and billionaire Ineos chief Sir Jim Ratcliffe, had intended to make the call by the end of the year but it has now [...]
Three charts which show why Manchester United want a new stadium September 27, 2024 Sir Jim Ratcliffe has made renovating Old Trafford or building a brand new stadium one of his top priorities since investing in Manchester United. Ratcliffe wants the club’s home to be a modern, 100,000-seater stadium and has assembled a task force that includes Lord Coe and Gary Neville to shape the plans. The project is [...]