Manchester United owner Sir Jim Ratcliffe is considering a sale of the naming rights to Old Trafford. The club is in dire need of addressing their debt, which currently stands at £653.3 million aside from transfer fees.
But that’s not all, the club also needs to renovate Old Trafford, given how poor the roofing situation currently stands. The Old Trafford waterfall perfectly sums up the current scenario, with fans also vocal about the need for a do-over.
Manchester United pondering Old Trafford naming rights sale
🚨EXCLUSIVE🚨
— Manchester United Forever (@Utd_Forever7) June 27, 2024
Manchester United are considering selling the naming rights of Old Trafford!
This will be the biggest contract ever done in sports history, big companies are already interested on naming rights.#MUFC want around £1B for the next 10 years. pic.twitter.com/dL8u5Uonp5
The stadium has retained its name for 114 years, but the alternative is for ticket prices to rise to address the immediate need for a £1 billion investment. The alternative is a rise in ticket prices, which could provoke fans further, given proved have already risen by 5 percent for the 2024/25 season.
Big clubs like Arsenal, Barcelona and Dortmund have already sanctioned a sale of the naming rights to their stadium, in an attempt to raise funds. And now, it seems like Old Trafford could follow suit given the need for funds.
The stadium was last renovated in 2006, when the Glazers took charge. And since then, the consequence of the neglect has been visible. And it now remains to be seen whether things will change with the arrival of INEOS.
When was Old Trafford built?
1909
