Post: Lord Coe builds a new stadium for Manchester United in the United States and introduces projects to Wall Street Investment Bank
July 27th The Daily Mail reported that the Manchester United team stayed in the New York/New Jersey area for only 24 hours, but the club still seized the opportunity to attract potential investors for the £2 billion Old Trafford reconstruction project. Lord Sebastian Coe and club executives attended the "Site Building: British Sports Real Estate Investment" summit held by the British Consulate General on Friday afternoon at Rockefeller Plaza. Although Manchester United is confident in obtaining public funds for the overall renovation of the area around Old Trafford, the funds for the construction of a new 100,000-person stadium still require private investment support. Lord Cole, who is the head of the stadium special task force and is now the chairman-elect of the Mayor Development Company, which is promoting the project, jointly introduced to Wall Street Investment Bank and American financiers with Manchester United Chief Operating Officer Collette Roche. Manchester United draws inspiration from multiple American sports, especially the spectacular SoFi Stadium in Los Angeles and the Chicago Bears' Burnham Park development, planning a new stadium hailed by Sir Ratcliffe as the "Northern Wembley". Manchester United executives plan to meet with the NFL Chicago Bears management during next week's team's second friendly match with Bournemouth.
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