Consulting agency: Manchester United’s new home stadium can increase British income by 7.3 billion pounds and create 92,000 jobs every year

On October 17, Manchester United’s official website reported on the status of the new home project. Colette Roach, the club’s chief operating officer, said that this is a “once-in-a-lifetime opportunity” that will promote the revitalization of the surrounding area.

Roach said the project would improve years of underinvestment in the area around Old Trafford and create an area integrating sports, entertainment and business with a new world-class stadium at its core. She said: "Although it is still in the early stages of the project, this is a great opportunity not only for Manchester United, but for the entire region. We not only want to build a great stadium for the team, the club and the fans, but also achieve more."

A study by the consulting agency "Oxford Economics" shows that Manchester United's new home project can bring 7.3 billion pounds of economic growth to the UK every year and create 92,000 jobs. The study also predicts that the project is expected to lead to the construction of 17,000 new homes and an increase of 1.8 million tourists per year.

Roach said: "This has become a regional project, probably one of the biggest in Europe. So it goes beyond Manchester United itself. We need to be supported and work with many stakeholders in Manchester City and central government."

To promote the implementation of the project, a "Mayoral Development Corporation (MDC)" is being set up, led by the president-elect Lord Sebastian Coe, who is also the president of World Athletics. Roach said: “It’s not just a vision for Manchester United, it’s a vision for the whole region, Trafford Borough and Manchester, which is why Mayor Andy Burnham and Trafford Council are so keen to work with us.

“It’s not enough to build the best and biggest stadium in the UK, it can’t be an island that’s hard to get to or where people can’t come and local businesses can’t get involved on non-match days. Therefore, we are asking the government to support not only the construction of the stadium, but also the infrastructure and the regeneration of the entire area. "