Manchester United Reveals Plans for 100,000-Seat Stadium in Regeneration Project.

Manchester United has revealed plans for a new 100,000-seater stadium, hailed by co-owner Jim Ratcliffe as the 'world's greatest' football venue. The initiative is designed to rejuvenate the Old Trafford area and has the potential to contribute £7.3 billion to the UK economy each year, generating over 92,000 jobs. The proposed stadium has garnered backing from Sir Alex Ferguson, who emphasized the importance for the club to 'seize this opportunity to build a new home.' Despite the UK government's support for the redevelopment, specific funding details are still pending.