SIR JIM RATCLIFFE has allegedly explored the possibility of involving both Elon Musk and Jeff Bezos as potential backers for the development plans of Manchester United’s stadium.

The co-owner of the Red Devils has shown a desire to establish a “Wembley of the North” for the Premier League team.

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Additionally, there is the option of maintaining Old Trafford and undertaking major renovations.

Both options are projected to cost approximately £2 billion, double the amount spent by Tottenham for their new stadium.

Moreover, The Athletic has stated that Ratcliffe contemplated contacting high-profile entrepreneurs Musk and Bezos for financial support.

It is speculated that the Man Utd executive explored the potential of collaborating with the two individuals, whose combined wealth is estimated at £583 billion.

Nevertheless, it remains “uncertain” how seriously Musk and Bezos were taken as possible investors.

Other funding strategies include recent hikes in ticket prices and the potential sale of naming rights for the new stadium.

Ratcliffe and Ineos have faced backlash after taking over football operations at Old Trafford.

They are noted for the sacking of manager Erik ten Hag, which occurred merely months after they had renewed his contract.

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Recently, sporting director Dan Ashworth stepped down after a brief five-month period in the role.

The newly appointed head coach Ruben Amorim is already facing hurdles, having suffered defeats in four out of his last six matches in charge.

Sir Jim Ratcliffe indicates that Man Utd’s ‘Wembley of the North’ could feature a 100,000-seat mega-stadium if they vacate Old Trafford

Other controversial actions undertaken by Ratcliffe include cutting 250 jobs, ending Sir Alex Ferguson’s £2 million-a-year ambassadorial role, canceling the Christmas party, and removing company credit cards and private chauffeur services.

He has also put an end to staff lunches, accommodations, additional tickets, and post-match events.

What we know about the ‘new’ Old Trafford

MANCHESTER UNITED plans to build a new stadium rather than redevelop Old Trafford.

This decision came after multiple fact-finding trips to famous stadiums, including the Bernabeu and Nou Camp.

The estimated expenditure for this project is an eye-watering £2 billion.

A capacity of 100,000 is anticipated.

There is a general agreement that a club of United’s prominence warrants a new, cutting-edge facility.

The new stadium will be situated on land adjacent to the existing venue of the Red Devils.

United aims not just to construct a stadium, but also to revitalize the Trafford area surrounding the new site.

While there were earlier intentions to RETAIN Old Trafford and repurpose it as a smaller secondary venue, total demolition now seems increasingly probable.

The club has interacted with 30,000 fans regarding their preferences and discovered a roughly equal split between those favoring renovations and those advocating for a new stadium.

Foster + Partners, the architectural firm behind Wembley Stadium, has been appointed to devise the “masterplan”.

Old Trafford has been the home of United since 1910.

The target date for completion is set for 2030.