The chief operating officer of Manchester United has said that the project to build a new Old Trafford would correct decades of under-investment in the area around Old Trafford by creating a sports, entertainment and business district with a new world-class stadium at its heart.

“It’s very early in the journey, but it’s an amazing opportunity that we’ve got, not just for Manchester United, but for the region,” Collette Roche told the We Built This City podcast.

“Whilst we’ll build a stadium that’s great for our team and for the club and our fans, it’s so much more than that.”

study by the consultancy Oxford Economics found that the project could add £7.3bn annually to the UK economy and create 92,000 jobs.

The study predicted that the development has the potential to lead to 17,000 new homes and 1.8m additional visitors each year.

“It’s become a regional project and probably will be one of the biggest in Europe. As such, it’s bigger than us at Manchester United. So, we needed to get support and work with a lot of stakeholders across Manchester and central government.”

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