A proposed regeneration of the area around Manchester United’s Old Trafford stadium could generate £7.3 billion ($9.7 billion) annually to the British economy, according to an economic feasibility study commissioned by the club.
However, mayor of Greater Manchester Andy Burnham said on Monday no public money would go towards the project.
United are considering whether to pursue a £2 billion plan for a brand new 100 000-seater stadium or redevelop the existing 74 000 capacity Old Trafford.
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Burnham has backed the ambitions to redevelop the stadium alongside a “mixed use” neighbourhood featuring apartment blocks, shopping centres and new public transport stations.
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