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Tuesday, June 25, 2024

Manchester City Mulls Major Stadium Expansion

  • Etihad Stadium has a capacity of 53,400, and expansion would make it more than 60,000.
  • A development project would include a hotel, a new club shop, and a museum.
Premier League champion banner outside of Manchester City's Etihad Stadium
MCFC

Manchester City is considering expanding the capacity of its home field. 

The Premier League club — owned by City Football Group — plans to conduct studies to determine the viability of a new development project centering on Etihad Stadium

  • The stadium has a capacity of 53,400, and expansion would make it more than 60,000.
  • A development project would include a hotel, a new club shop, and a museum.
  • The club will hold formal consultations in early 2023.

The potential expansion of Etihad Stadium is part of a larger plan by CFG — which has full or partial stakes in 13 soccer clubs — to make the area a year-round entertainment destination. 

In May 2021, California-based development and investment firm Oak View Group agreed to a joint venture partnership with CFG to build Co-op Live, a $495 million indoor music and entertainment arena next to Etihad. The venue is scheduled to open in late 2023.

Co-op Live comes on the heels of strong financial results for Manchester City. 

The club generated $815 million in revenue for the financial year ending June 30 — a $50 million increase compared to the year prior.

Pitching New Places

Paris Saint-Germain is reportedly considering moving from Parc des Princes, its home since 1974.

View of stands from field-level inside of PSG's Parc des Princes Stadium

PSG Could Be Latest Euro Soccer Team Seeking New Stadium

PSG previously offered to purchase Parc des Princes from Paris.
November 27, 2022

Everton has broken ground on a $694 million stadium set to open in the 2024-2025 season, while AC Milan and Inter Milan plan to build a new $1.3 billion stadium slated to open in 2027.

Chelsea is reportedly looking to build a new stadium on the Stamford Bridge site.

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