EPL: Man Utd acquire land to build new 100,000-seat stadium

Manchester United have announced the acquisition of land they need to build a new £2billion stadium to replace Old Trafford.

The Premier League club confirmed this in an official statement on Monday.

It is a 25-acre triangle of land 350 metres away from the current ground, located between Wharfside Way, Europa Way and John Gilbert Way.

That area currently hosts a trading estate which includes the TeamSport Go Karting centre and car and van specialists.

United are continuing to work on acquiring the rest of the land needed, but insiders say they do not expect any issues.

They have been in negotiations with Freightliner for some time over acquiring the land currently used as a freight terminal behind Old Trafford, but have now abandoned that plan after failing to reach a compromise. At one stage, the two sides were £360million apart in their valuations.

Sources say that the club have worked in a disciplined and strategic way that has enabled them to get the new deal done efficiently and at market value.