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A "once in a generation opportunity" for the £4.2bn redevelopment of Manchester United 's Old Trafford stadium has been backed by council bosses.

The chancellor has pledged support for a third runway at Heathrow, vowed to create Europe’s Silicon Valley between Oxford and Cambridge along with up to 18 new towns, backed Old Trafford's redevelopment,

The government will not fund any of the 'sporting elements' in the redevelopment of Old Trafford, a senior minister has said.

Manchester United are set to make a decision at the end of the season on whether to redevelop Old Trafford or build a new stadium.

Chancellor has announced that she would be ‘championing’ the project which is forecast to generate £7.3bn annually for the UK economy

Manchester United has received support from the British government for the club’s project to regenerate the area around its Old Trafford stadium. Rachel Reeves, Britain’s Treasury chief, said in a statement she was championing the Old Trafford project as “a shining example” of the government’s plans to promote economic growth.

Owen Hargreaves fears Manchester United will sell ‘brilliant’ Alejandro Garnacho before the transfer deadline amid interest from Premier League rivals Chelsea. Garnacho has been heavily linked with a move away from Old Trafford during the January transfer window.

Latest Manchester United transfer news and gossip with an update on United's interest in Lecce defender Patrick Dorgu

Newcastle United legend Alan Shearer has fired a broadside at Manchester United's decision to hike season ticket prices at Old Trafford. The Old Trafford outfit have come under fire from fans and pundits after a controversial move.