Manchester United announced in March 2025 their intention to build a new 100,000-seat stadium adjacent to the existing Old Trafford. This follows years of speculation regarding the future of the iconic venue. The proposed stadium, provisionally dubbed "New Trafford Stadium" by architects Foster + Partners, would make it the UK's largest football ground, exceeding Wembley's 90,000 capacity, and the second-largest in Europe behind Barcelona's Camp Nou. The club hopes to occupy the new stadium by the 2030-31 season. The new stadium will become a cornerstone of a wider regeneration project for the Old Trafford area, which could potentially contribute an estimated £7.3 billion ($9.8bn) annually to the UK economy and create 92,000 jobs and 17,000 homes. Initial plans featured a distinctive canopy supported by three masts, envisioned as a globally recognizable landmark mirroring Manchester's industrial skyline. However, reports in late September 2025 indicate these designs might be altered, possibly removing the canopy, due to difficulties in acquiring land from a key adjacent property. The new stadium's construction is projected to cost around £2 billion (£2.7bn).