Manchester United are importing a sinister US tactic: Public money for stadiums

Similar grand promises made when building US sports arenas are now being used to justify a huge outlay in the UK, with little return to show for themIn March, Manchester United officially unveiled images and plans for a new 100,000-seater stadium to replace their current aging home, Old Trafford. While the grandiosity of the circus-tent-like structure attracted widespread attention, something else did, too: as part of this project, United are planning to secure land not by paying for it themselves – but by having the UK government do it for them.In order to clear the site that the club wants to use, a rail freight hub will need to be moved to out near St Helens, a town in between Manchester and Liverpool. The cost of moving the hub is estimated to be between £200m and 300m ($270-405m), but that may be an optimistic appraisal; in the past, the project budget was estimated at closer to a £1bn ($1.35bn). Continue reading...

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