Manchester, June 23 -- Manchester United has secured most of the land needed for its planned 100,000-seater stadium, marking a key step in its long-term redevelopment of the Old Trafford area, according to a press release.

The proposed stadium, which is set to become the largest sporting venue in the UK, is expected to drive major regeneration in the surrounding district and help create a leading global hub for sport and entertainment.

The club has acquired a 25-acre site about 350 metres north-west of the current stadium from Indurent, a Blackstone-owned industrial property company. United said it will work directly with affected businesses to support them during the transition.

The club has also been working closely with Trafford Cou...