An economic report suggests that a new 100,000 seater stadium for Manchester United would give a massive £7.3 billion ($10bn) boost to the UK economy.

A proposed regeneration of the area around Manchester United's Old Trafford stadium could generate £7.3 billion ($9.7 billion) annually to the British economy, according to an economic feasibility study commissioned by the club.

MANCHESTER : A proposed regeneration of the area around Manchester United’s Old Trafford stadium could generate £7.3 billion (US$9.7 billion) annually to the British economy, according to an economic feasibility study commissioned by the club.

Manchester United’s plans to regenerate Trafford Park, including the potential construction of a new 100,000-seater stadium, could inject £7.3billion per year into the UK economy, according to a report by Oxford Economics.

The mayor of Greater Manchester Andy Burnham admitted that some taxpayer money could be spent to accommodate Old Trafford refurbishment plans. Sir Jim Ratcliffe arrived at Manchester United last season alongside his INEOS group,