Manchester United have secured the majority of the land required to build their new 100,000-seater stadium.Last year, the Red Devils unveiled plans to redevelop Old Trafford and the surrounding area in a £2billion project.Man United’s proposed new 100,000-seat stadium would become the biggest sporting venue in the UKAFPThis would see their existing home knocked down and a new stadium built close by, which co-owner Sir Jim Ratcliffe has dubbed the ‘Wembley of the North’.And United have now taken a huge step forward in their plans, announcing on Monday that they have secured a 25-acre site.Located approximately 350m north west of Old Trafford, the land has been acquired from Indurent, which bills itself as a leading industrial space developer, a Blackstone portfolio company.United had been locked in a stand-off with the haulage company Freightlinerto acquire land behind the Stretford End.With the two parties unable to agree over the value of this area, this led the club to look at alternative options.And reports now claim United have found a solution, with the piece of land acquired located within a 25-acre triangle between Wharfside Way, Europa Way and John Gilbert Way.After securing the majority of space required for their project, the 20-time English champions will continue to work on obtaining the remaining land, which is not expected to be an issue.Along with a new 100,000-seater ground, the club plan to regenerate the area surrounding Old Trafford.In a press release announcing their newly-acquired land, United said the redevelopment project is expected to deliver around 15,000 new homes, create 48,000 new jobs locally and over 90,000 nationally, and will add more than £7bn a year to the UK economy.A number of issues have been spotted at Old Trafford in recent years, including leaking from the roofGettyUnited have also pledged to support businesses impacted by the new stadium plans.Details on the master plan for Old Trafford regeneration and the formal consultation period will be released on July 9, with the club confirming fans will be consulted during the stadium design phase.‘A significant milestone’CEO of Man United’s New Stadium Development, Colette Roche, has hailed the recent breakthrough in their stadium plans.Roche told the club: “Today’s news highlights the progress we’re making towards a world-class new home for Manchester United and represents a significant milestone as we move into the next phase of development. “Being able to build so close to Old Trafford allows us to preserve the heritage, traditions and rituals that are so important to our fans. “We are committed to building a world-class stadium with our supporters, not just for them, with atmosphere, affordability and accessibility at the heart of our thinking. “This is a generational opportunity that is fully aligned with both local and national growth ambitions. The new Man United stadium will cost in the region of £2bnFoster + Partners“Securing the right land for our new home has been absolutely critical, and the land we’ve acquired gives us the stage to deliver a truly world-class stadium that honours our past and is ready for our future.”Man United stadium project: The key factsIn its current form, Old Trafford has been home to Man United since 1910, when the venue was built.It was last renovated in 2006, when 8,000 extra seats were added to take its capacity to 74,244 fans.But after unveiling the initial concepts for their proposed new stadium on the same site in March 2025, United are now set for an increase of over 25,000 to their attendances.It is currently unclear whether the previously revealed timeframe for the new stadium’s completion remains in place.Ratcliffe had been hopeful that the venue would be able to open by 2030, with plans to host the final of the 2035 Women’s World Cup.Sir Jim Ratcliffe has made a new stadium one of his priorities since buying a stake in Man United in 2024GettyThe 12th staging of the tournament will be held in England, Northern Ireland, Scotland and Wales in nine years time.Old Trafford was not among the stadiums picked for the home nations Euro 2028, which will take place during the planned redevelopment work.