The club have not said how the stadium will be financed.
There are several options on the table, such as loans, private investment or investment from co-owner Ratcliffe.
However, the proposal to build a new £2bn stadium runs alongside the cost-cutting measures being made by Ratcliffe since his investment in the club.
‘What we’re doing now is try to put ourselves in the best financial position to be able to finance a stadium and other infrastructure projects,» said Berrada.
«Our aim is to be the most profitable club within three years. We think this will put us in the best financial footing to make this investment and to work with private investors who are willing to work with us.»
The club are more than £1bn in debt.
However, football finance expert Kieran Maguire says the club have more headroom to borrow money.
«The good news for Manchester United is that the club is in a position to borrow substantial sums, despite existing levels of debt,» Maguire told BBC Sport.
«If the club does borrow a substantial amount of the estimated £2bn cost of the new stadium, it is likely to do so with some form of interest only loan.
«When Tottenham took a similar approach to building a new stadium in London a few years ago, they negotiated at very low interest rates. These loans have resulted in Tottenham’s interest costs rising from £12m in the final season at White Hart Lane in 2016-17 to £46m in 2022-23. During that same period matchday income had increased by £72m and commercial income by £155m.
«The increase in commercial income is due to the club having a bigger multi-function stadium, used for a myriad football and non-football events such as NFL, music concerts and boxing.»
Speaking to BBC sports editor Dan Roan, Ratcliffe said: «The financing is not the issue, I think it’s eminently financeable. But the detail of that we’d rather talk about in the future. It will be financeable, I think.»
Ratcliffe told the Overlap podcast, external that no public money will be used to build the stadium, but the project will not be possible without wider regeneration funded by the government.
«We can’t afford to regenerate southern Manchester. It is too big a bill for the club,» he said.
«We don’t need any government funding for the stadium, but it has to be the underpin for the regeneration.»
