Manchester United: INEOS announce first £50m investment of the summer

Manchester United: INEOS announce first £50m investment of the summer

Ifeanyi Ufomadu 15:12 - 14.06.2024

INEOS have confirmed their first investment since taking part-ownership of Manchester United.

Good news for Manchester United fans as new co-owner Sir Jim Ratcliffe begins long-awaited sweeping changes throughout Old Trafford.

The Carrington training complex will receive a significant investment of £50 million, as INEOS seek to put the Red Devils on par with Europe's biggest clubs in terms of infrastructure.

INEOS pump £50m into Manchester United

The refurbishment aims to modernize the men’s first-team building and upgrade all areas to create a 'world-class football facility with a positive culture to support future success.

The renovations will begin next week, with the architectural firm Foster & Partners.

They have a strong history in designing football stadiums, including the reshaping of Wembley Stadium and the design of the Lusail Stadium in Qatar.

"We want to create a world-class environment for our teams to win," said co-owner Sir Jim Ratcliffe.

"When we conducted a thorough review of the Carrington training facilities and met with our men's first team players, it was clear the standards had fallen below some of our peers.

"This project will ensure Manchester United’s training ground is once more renovated to the highest standards."

Related content