AA-Sport > Football > More than 40 million pounds Post: valuation of new home land is different, Manchester United buys part of it to start building
More than 40 million pounds Post: valuation of new home land is different, Manchester United buys part of it to start building
August 4 Post reported that Manchester United's land battle with Freightliner is still ongoing, but the club has a chance to ensure that the dispute does not delay their plans to build a new home court with a capacity of 100,000 spectators.
Last month, the Post reported on huge differences between Premier League giants and railway terminal owners adjacent to Old Trafford Stadium and crucial to the project on land valuation. Manchester United believes that the land is worth £40 million, while the other party is trying to make a profit at a higher valuation.
One solution might be a mandatory purchase order. However, it is understood that Manchester United may acquire part of the land first in order to start building a new stadium, and then gradually purchase the remaining part. Manchester United hopes to move into a new home as soon as possible.
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