* Translated by Papago

Starnews

Manchester United's shock revelation → 'Debt 2.6 trillion' crisis... "What is he doing?"

Published :

Park Geondo

*This content was translated by AI.

Virtual image of Manchester United's new stadium (left) and Manchester United owner Jim Ratcliffe./Photo = The Sun Source
Virtual image of Manchester United's new stadium (left) and Manchester United owner Jim Ratcliffe./Photo = The Sun Source

Manchester United's ambitious plan to build a new stadium worth 2 billion pounds (about 4 trillion won) is about to collapse even before it begins. The New Old Trafford blueprint, which boasted that it would be completed by 2030, became unclear in just a year.

The Sun, a British media outlet, said on the 12th (Korea Standard Time), "The completion of the new stadium planned by Manchester United in 2030 and the start of construction at the end of 2025 are now virtually over the drain," adding, "The news of the stadium on the club's website has been cut off since March last year. "I haven't raised a single penny yet of the £2 billion that owner Jim Ratcliffe shouted curiously," he revealed.

According to local reports, Manchester United headed to New York in search of investors to pay for the construction of a new stadium.

But it didn't pay off. According to The Sun, Manchester United is already in huge debt of 1.3 billion pounds (about 2.6 trillion won), making additional bank loans impossible.

The design of the stadium turned out to be a problem. The Sun explained, "The roof design that Ratcliffe praised, comparing it to the Eiffel Tower, costs 200 million pounds (about 396 billion won) to build a roof alone. Considering the land price of a nearby railway terminal, the budget of 2 billion pounds is too small."

Virtual image of Manchester United's new stadium. /Photo = Poster Plus Partners Source
Virtual image of Manchester United's new stadium. /Photo = Poster Plus Partners Source

The political situation is also at its worst. Ratcliffe criticized the UK government's recent immigration policy, saying he was "too nice" to Prime Minister Keir Starmer. Angered by this, Prime Minister Starmer has come to demand an apology. In fact, the relationship between Manchester United and the government is completely frozen. "Ratcliffe, who expected the government's quick support a year ago, has now completely disappeared the possibility of receiving state money," The Sun said.

The club's living conditions are tight. According to local reports in the UK, Manchester United's commercial revenue has recently decreased by £6.6 million (about 13 billion won), and it has not even been able to find a sponsor for the training site for five years. There is no training suit partner, and contracts with major sponsors have ended one after another. I'm trying to find a new partner, but even this doesn't seem easy.

Regarding the recent Manchester United situation, "The Sun" pointed out that "Manchester United is only offering a temporary measure to raise the ticket price by 5% and install a beer vending machine in the stadium as the new stadium moves away like a dream."

Even the on-site response is chilly. "The Sun" added, "There is even a ridicule among industry officials as to what are you doing in charge of a stadium that will not be built."

Image of Manchester United's new stadium. /Photo = Poster Plus Partners Source
Image of Manchester United's new stadium. /Photo = Poster Plus Partners Source

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*This content was translated by AI.

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