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Treasury Rules Out Funding for Old Trafford Redevelopment as Project Timetable Slips

The club is turning to a planned Mayoral Development Corporation to pursue support for the wider regeneration.

Overview

  • This month’s Budget is not expected to allocate money to the Old Trafford scheme, with existing £600m regional funding for 2025–26 not earmarked for the project.
  • Manchester United says it is not seeking public money for the £2bn–£3bn stadium build but requires government-backed support for enabling infrastructure across the wider Trafford Park plan.
  • Negotiations to buy the neighbouring rail freight terminal remain stuck, with United offering about £50m and owner Freightliner seeking around £400m.
  • United has explored lower-cost stadium variants, including a version without the tented roof centerpiece that could trim roughly £300m, as the original five-year build target toward 2030 drifts.
  • Greater Manchester has designated the redevelopment area and is preparing a Mayoral Development Corporation, with Lord Sebastian Coe named chair-designate, while Treasury talks have been with GMCA rather than the club or Trafford Council.