Man Utd set for huge Glazers issue if £2bn new stadium is completed

Man Utd set for huge Glazers issue if £2bn new stadium is completedAn architectural industry expert has shared how Manchester United's new stadium plans could possibly impact the club's co-ownersCommentsSportJake Bayliss Senior Sports Writer06:00, 05 Apr 2026View 2 ImagesThe Glazers have been Manchester United's majority owners since 2005(Image: ANDREW YATES, AFP via Getty Images)Manchester United's ambitious plans to construct a new stadium could potentially create future complications for the club's co-owners. Conceptual designs of a new 100,000-capacity ground were unveiled last year.‌The stadium has been valued at £2billion as part of a broader regeneration scheme in the surrounding area. United co-owner Sir Jim Ratcliffe had previously indicated that the work could be finished by the 2030/31 season, although the stadium is expected to require five years of construction once building commences.‌United announced that the stadium will be funded privately but the required land surrounding the proposed site must be acquired before construction can get underway. In February, financial records revealed that the club's debt stood at nearly £1.3bn.‌An industry expert has suggested that United are unlikely to finance the stadium project through traditional debt or shared equity arrangements. However, an alternative approach could prove troublesome should United's co-owners, the Glazers or Ratcliffe, choose to sell their stakes in the club at some stage in the future.FOLLOW OUR MAN UTD FB PAGE! Latest United news and more on our dedicated Facebook pageAn architectural industry source told the Manchester Evening News: "[The club] are kind of up to their ears in various forms of conventional debt, some of which is due or has covenants due next year. It's unlikely they do it with shared equity, because that would dilute the value of the Glazers' share or Sir Jim Ratcliffe's share.‌READ MORE: Man Utd urged to sign Premier...