Manchester United's kit sponsor Snapdragon are reportedly interested in acquiring naming rights to Old Trafford.
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- Snapdragon interested in Old Trafford naming rights
- Brand features on new United shirt
- INEOS seeking stadium investment
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WHAT HAPPENED?
The US tech firm has a whopping £176 million ($225m) shirt deal with the club but is also interested in having their name attached to United's home ground, according to . As the club continues to assess whether or not to revamp Old Trafford or build a new home, Snapdragon has emerged as a potential investment option for Sir Jim Ratcliffe and INEOS.
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THE BIGGER PICTURE
This would be a controversial move for a club that has never sold its stadium naming rights to a private company before, but Snapdragon appears confident that there could be a deal to strike here. The US firm's £60m-per-year deal with United, penned last summer, was a world record-breaking shirt sponsorship contract. If they offer enough cash to the club, the Red Devils hierarchy may struggle to turn it down.
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WHAT SNAPDRAGON SAID
Snapdragon chief marketing officer Don McGuire said: “Old Trafford is Old Trafford, it should always be Old Trafford [or whatever any new stadium name is]. But if there is a brand attached to that in some way shape or form, powered by someone, an ‘at’ or whatever [it could happen]. We are working very closely with the team on the reimagination of Old Trafford from a technology and innovation standpoint. So if that leads to something bigger… we are always looking out for opportunities.”
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WHAT NEXT FOR UNITED?
While the club's future off the pitch continues to be the source of much speculation, on the field they're preparing for a brand new campaign after a huge summer of change. Erik ten Hag remains in place but a major shake-up means he'll have fresh eyes on him at the start of the 2024-25 season. Key new faces at Old Trafford include director of football Dan Ashworth, technical director Jason Wilcox, and chief executive Omar Berrada.