Manchester United set to follow FSG stadium plan after £ 250million gap appears at Liverpool
Since the Glazer family owned Manchester United, their famous Old Trafford home has barely seen as much as a lick of paint.
As their rivals moved to state-of-the-art stadiums and spent hundreds of millions redeveloping their own homes, United owners let their stadium deteriorate under their watch, what was happening at Old Trafford almost mirroring what was happening. happened. occurred in the era of Sir Alex Ferguson’s post on the field.
It has been 16 years since the Glazers took full control of United, while it is 11 years since Fenway Sports Group acquired Liverpool. And while similarities exist between the two, both in the US and with previous experience of owning US teams, where United have invested in a rather sloppy approach to the transfer market, Liverpool have spent some money. ‘money for infrastructure, which has resulted in increased revenue to have the Reds hounding United when it comes to the financial stakes. However, they’ve been less inclined to spend the kind of money the Glazers have in the market, although much more success has been achieved.
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When FSG arrived at Liverpool in 2010, there were early rumors about the search for a new home for the Reds in the city. This idea was quickly rejected and the focus was on improving Anfield, with the redevelopment of the main stand which was completed in 2016 for over £ 100million, adding an additional 8,500 seats at Anfield and dramatically improving their lucrative business offering.
Then there was the new store that was built next to the stadium, there was the move to a new training facility in Kirkby, and as we head into 2022, construction is in full swing again. while the redevelopment of Anfield Road End is underway. The latter will add 7,000 more seats and bring capacity beyond 60,000, bringing the club closer to the £ 100million a year mark in match day income when demand is higher.
Investment in the club’s infrastructure by FSG, through banking and owners loans, as well as an increase in the club’s credit facility have seen it approaching the £ 250million mark. For United, the decaying training complexes of Old Trafford and Carrington have almost become relics of the good days, with lack of investment in the surrounding area not being a priority until commercial income has been generated. what he has done over the past decade as a club have continuously succeeded in building on their former glories which have attracted worldwide audiences.
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But now, with a group of owners who, like FSG, have a lot to do to show fans that they really care about the European Super League debacle that both were agitators, United are trying to follow in Liverpool’s footsteps. .
A Daily Mail report suggests United are ready to invest in improvements to Old Trafford and Carrington, which opened in 2000, with the former’s capacity set to exceed 80,000 and further boost match revenues.
According to the report, a number of “exciting” projects are under consideration, although no financial figures have yet been established for the redevelopment works.
Following the failed ESL plot, the Glazers pledged to invest in Old Trafford.