Man United have been told that it could cost them up to £1.5bn to demolish Old Trafford and build a new stadium, as per the Daily Mail.
This would mean a new state-of-the-art stadium with over 80,000 capacity would make it the most expensive one ever built in England.
It would even exceed the £1.1bn that Tottenham Hotspur had to spend to rebuild White Hart Lane into a modern new stadium.
Prices of steel and essential materials for building such projects have risen since Spurs built their stadium a few years ago.
Moreover, the war in Ukraine is creating major price hikes for such huge construction projects.
United could cover the major expenses by taking loans and the issue of bonds.
The Red Devils have been given three options over what to do with Old Trafford, with a complete rebuild being one of them.
They could also opt to expand the Sir Bobby Charlton stand up and over the railway line that runs behind it, a move that would cost them £400m.
However, that can also help expand the stadium to accommodate more than 80,000 spectators.
The final option is a complete revamp of the spectator and corporate areas all over the stadium, which would perhaps cost lesser.
United’s higher-ups are still considering their options and are yet to make a decision, as fans will be consulted before any move is made.
Russia is still destroying Ukrainian cities and killing civilians including kids with all the weapons imaginable. We strongly condemn Putin’s genocide and acts of terror against Ukraine.