Manchester United chief executive Omar Berrada says the club is aiming to move into a new stadium for the 2030-31 season. United have unveiled ambitious plans for a 100,000-seater stadium that co-owner Sir Jim Ratcliffe said could be built within five years. Architect Lord Foster, whose company Foster + Partners created the conceptual designs of the stadium, explained that a pre-fabrication method, utilising the Manchester Ship Canal, could ship in components and enable United to continue playing at Old Trafford while their new stadium is constructed. Foster + Partners architects Nigel Dancey and Patrick Campbell drew inspiration from the Olympic Stadium in Munich and the SoFi Stadium in Los Angeles to create a 417 metre-long canopy that would be draped over the bowl, with the pitch 15.9 metres below ground level. Three masts, to represent the trident that is wielded by the devil in the club crest, were a decorative addition later on in the design process. The tallest mast would have a height of 200 metres, making it visible from the Peak District. In a lengthy discussion at the offices of Foster + Partners, Berrada and United chief operating officer Collette Roche said: Work on the new stadium could commence this year if United secure planning permission from Trafford Council and the government sanction the regeneration programme for south Manchester. Ratcliffe said the Labour government "want to get going quite quickly because they want to see progress in this term". A bone of contention with the Old Trafford regeneration project has been the suggestion taxpayers would have to foot the bill. Berrada has clarified that would not be the case. "We won't be asking for taxpayer money to fund the stadium," Berrada stressed. "But, at the same time, the stadium, the new build, in isolation, does not make sense if there's not an investment in the wider generation project. "Why £2bn? Since Spurs built their stadium (in 2019) and Real Madrid (in 2024), there has been a high inflation. Energy prices have gone up. Inflation has impacted all areas of the economy. That's been factored into the cost of the stadium. “What you heard yesterday, and the plans that have been put in place, the goal that we have is to become the most profitable club within the next two years. And we want to do that whilst we continue to invest in our squad. "So that's the goal for the next two or three years. Once you become profitable, then everything else becomes more manageable and it also allows us to be able to invest in the future, which is what this stadium is about." Roche added: "As we said at the start, we as a club are going to pay for the new stadium in terms of the bricks and mortar. But we do appreciate there is a lot of enabling work and infrastructure work in and around, and that has always been our understanding. "I think what Jim said is that it’s all predicated on planning permission and how quickly the local authority can work. We’re looking at ways we can work with them to make it as smooth and quick as possible. "One of the things we are establishing is a mayoral development corporation, you’ll have heard, that gives a lot of rights to speed these things through. "You also heard today that Jim mentioned us potentially doing some pre-fabrication. So that means we can do a lot of the enabling work and start to design and build the pieces in advance of having to do anything on the ground in Old Trafford. "Yes is the short answer, it could be done quite quickly as long as the local council and government supports us in that and moves it forward." After Arsenal relocated from Highbury to the Emirates Stadium in 2006, the club did not win a trophy until the FA Cup in 2014 and their title drought will extend to 21 years in May. Tottenham moved from White Hart Lane to their 60,000-seater stadium next door in 2019 and they remain trophyless, having last lifted silverware in 2008. United's budget for the summer transfer window will be limited if they fail to win the Europa League and qualify for the Champions League . Less than 24 hours after Ratcliffe claimed the club could have gone bust by Christmas , the £2bn futuristic vision for a new stadium was revealed. "That is a risk," Berrada conceded when the Arsenal and Tottenham comparison was raised. "Clearly, it’s something we want to avoid. We don’t want to inhibit our ability to invest in the team, for us to continue being competitive while we are building a new stadium. "There are various ways around that. One of the things we are looking at is to shorten the construction timelines so we can have a new stadium within five years, that’s our ambition. "In the meantime, by getting our finances back in order and becoming profitable, we believe that we can be very competitive. "The big, big benefit that this club has is that it has the biggest fanbase in the world and therefore the ability to be the number one in terms of revenues that it generates." The Old Trafford cricket ground is officially known as Emirates Old Trafford and United are likely to require multiple sponsorship partners to finance the cost of their new-build stadium. United's shirt sponsor, Snapdragon, would be open to acquiring the naming rights , and United have played at the Snapdragon Stadium in San Diego in the last two years. Berrada revealed the club have held dialogue with a number of brands about potential partnerships related to the new stadium. "It’s all on the table," he said. "We think it is quite a unique opportunity in the world of football for such an iconic stadium of the size that we’re talking about to be built. So we think we will have an enormous amount of partnership opportunities. "Ultimately, we like brands that can help us to improve the fan experience within the stadium. Whether that integration comes with the stadium naming rights opportunity or not, it needs to be discussed. "It’s too early to say at this stage (if Old Trafford will remain in the name). What we do know is that there is already an enormous amount of interest in big brands wanting to associate their brands with ours and the new stadium. "You can have a sponsor for the fan zone and sponsors for certain hospitality areas." "We're a PLC, so we have to be very careful about giving any revenue forecasts. But the initial business planning shows that we can increase our EBITA (earnings before interest, taxes, and amortisation) significantly, potentially increase it to £120m-£130m. "The way the club was tracking, with all the losses that have been accumulated – more than £300million in the last five years – was not sustainable. "So all the plans we've been putting in place over the last months really address the short-term issue, which is that the club was losing money. Once we stop losing money, we then put ourselves in the best financial position to continue investing in our team and also to allow us to be able to have the ambition to build a new stadium." Old Trafford has been home to United since 1910 and the club explored the possibility of keeping it with a reduced capacity. Berrada, however, said it is "unlikely" the 115-year-old ground will remain. United are confident Old Trafford could operate with a full capacity while the new stadium is built behind the Stretford End. "That’s what we are working through at the moment," Roche confirmed. "The build will be done in a phased way to allow that to be the last part. But circulation is critical from a safety perspective and we wouldn’t be able to operate that stadium and build the other one without making sure that’s in place. "But it’s feasible and that’s why we were able to show the designs at this early stage." Ticket price increases would be inevitable if United were to have a new home in five years' time. Roche said there are currently 170,000 on the season ticket waiting list. Around 5,000 supporters protested against the running of the club on Sunday, with fans particularly outraged by the mid-season ticket price hike to £66. Concessions have also been scrapped. United remain in consultation with fan representatives about ticket prices for next season but Ratcliffe has already confirmed there will be an increase. Berrada suggested the protests could have a bearing on the final decision. "It does come into our thinking. We have spent a lot of time consulting with fan groups. "They have been very robust with their suggestions, which we appreciate and have taken on board. It has been a very constructive process and has helped frame our thinking about where we are going to land on pricing. "For the current stadium, we are still working through what we are going to do for next season (regarding ticket prices). Jim gave you an idea of the direction of travel but we are not ready to announce it yet. "The big advantage of increasing the capacity to 100,000 - and as you heard the demand is quite high – is that we’ll be able to have more flexibility to accommodate our core fans, as well as fans who can maybe only come twice a season. And we’ll be able to offer a range of products." Ratcliffe predicted head coach Ruben Amorim would be at United "for a long time" and Berrada hopes he is still in the dugout for the new stadium opening.