Overview

• The club is modelling an internal reconfiguration of the existing bowl, with reported options to steepen stand gradients and relayout seating to add thousands of places.
• A large-scale rebuild would likely require home matches to be played elsewhere, with Wembley widely cited as the practical option though no decision has been made.
• Coverage places potential costs in the hundreds of millions, with figures of roughly £500m reported for the project.
• Motivations include easing a season‑ticket waiting list of more than 100,000 and increasing matchday revenue to support PSR and FFP compliance.
• No planning application has been submitted, and reports highlight complex approvals and community constraints that could extend timelines by several years.