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Sir Jim Ratcliffe wants Old Trafford to become the 'Wembley of the North' in bold £2billion project funded in part by Government money to rebuild Manchester United's decaying home

Sir Jim Ratcliffe wants a new Old Trafford to become the ‘Wembley of the North’ - and may seek public funds to help achieve his dream.

The INEOS billionaire, 71, has been described as ‘a man in a hurry’ since agreeing a deal for a 25 per cent stake in the club he has supported all his life.

While transforming United’s fortunes on the field is the main priority, United’s home is in desperate need of an upgrade and Ratcliffe and his team have already had dialogue with Greater Manchester Mayor Andy Burnham.