Manchester United's club debt is set to increase after the club announced they would be undertaking redevelopment of Old Trafford.The Red Devils have employed the same master planners behind the Tottenham Hotspur Stadium to oversee what is set to be an impressive revamp of the stadium.
Reports have suggested that United could add 15,000 more seats to take the overall capacity to 88,000.According to the Mail, the work is expected to take place on the Sir Bobby Charlton Stand, and is set to cost more than £200m, with upgrades to the club’s corporate facilities also on the cards.
The redevelopment would see Old Trafford become the second biggest stadium in the UK behind Wembley.However, despite a likely increase in supply of match and season tickets, United supporters may have cause for concern.
The club's debt stood at £495m at the end of 2021, but that could increase to closer to £700m in order for the work to be carried out, the Mail suggest.The Glazer ownership of the club has been the subject of fierce protests for a number of years, but the American family remain in charge.
Read more on dailystar.co.uk