Manchester United has announced plans to build the biggest stadium in the UK, an “iconic” new £2billion (pounds) 100,000-seater ground close to Old Trafford.

Once construction is complete, the club’s existing home will be demolished.

Co-owner Sir Jim Ratcliffe said he wanted to build the “world’s greatest football stadium”, which the club hopes could be finished in five years.

The announcement comes after an extensive consultation process around whether to develop the existing stadium or build a new one.

Old Trafford has been Manchester United’s home since 1910.

The club would continue to play at Old Trafford until the new stadium was ready.

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