Manchester United may be experiencing one of the most chastening seasons in its recent history, but the club is planning for a much brighter future.

Jim Ratcliffe, the billionaire co-owner of the soccer club, framed plans for the 100,000-seat venue as crucial to the British government’s plan to revive the northern English city.

A proposed 100,000-seater arena, costing around 2 billion pounds ($2.6 billion), would be built next to United’s current Old Trafford home and surpass Wembley Stadium as the biggest in the United Kingdom.

Manchester United have announced plans for a new 100,000-seater stadium to replace Old Trafford but plenty of fans have doubts about how INEOS would fund the massive project.The magnificent

The Premier League club will leave its iconic Old Trafford home in favour of a new arena built on the surrounding land.