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Man United CEO Berrada says new stadium investment may impact spending on squad

Manchester United CEO Omar Berrada said there was a risk the club’s investment in a new two billion pound ($2.58 billion) stadium, could impact spending on the squad and affect competitiveness for the next five years.

United sits 14th in the Premier League after finishing eighth last season and faces a critical balancing act between infrastructure upgrades and on-field ambitions.

“That is a risk. Clearly, it’s something we want to avoid,” Berrada told reporters on Tuesday at the unveiling of conceptual images of the new stadium.

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“We don’t want to inhibit our ability to invest in the team, for us to continue being competitive while we are building a new stadium.”

Berrada said that the club would make every effort to remain competitive over the period required to build their 100,000-seat stadium, which will be the biggest in Britain, next to the existing Old Trafford.

“There are various ways around that; one of the things we are looking at is to shorten the construction timelines so we can have a new stadium within five years, that’s our ambition.”

Content Source: sportstar.thehindu.com

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