Barclays Premier league: Man United to invest over £30 million in Manchester United academy article Man Utden will invest up to £30million in a United Academy based in the Netherlands, according to reports.
The club, who have been linked with Chelsea in recent days, have also agreed a deal to buy another academy team in Denmark, and have a potential tie-up with the Premier League’s highest-earning clubs in England and France, sources told ESPN FC.
Barclays Premier League and Man Utrecht have both confirmed the news and said they were working together to establish the academy.
“Barclay have been actively involved in the establishment of a United academy based in Amsterdam,” United’s CEO Ed Woodward said.
“We are looking forward to working with Barclays and United on the establishment and expansion of the academy and to continue to strengthen our existing network of academy players.”
“We are pleased to announce that the Manchester United Academy will be a part of Barclays Premier Leagues first venture into the Dutch academy market.
The academy will be located at the Manchester City academy and will be based in Holland.
It will be the first academy of its kind to be based at a Dutch football club.”
United’s first team squad will be in the Dutch capital this season and, as part of their academy deal, will train at the Netherlands’ elite Stadion Vongliet, which has been used for several United games this season.
Manchester United’s academy has grown from just under 12 players last season to 14 players this season, with more than half of them from the United academy.
“The academy has become a focal point for United,” United coach Louis van Gaal said.
United are not alone in the academy-focused Premier League.
Chelsea and Arsenal are also looking to build a youth academy based at their own stadiums, and United, who are owned by the Spanish group Madrid CF, have been one of the clubs most vocal supporters of their plans.
Arsenal and Chelsea have been working closely with the United Academy over the past two seasons and United are believed to have had a key role in their success.
Manchester City’s first-team squad have already included players who have graduated from United’s United Academy, including Raheem Sterling, who graduated from the club’s academy in 2013. “
The partnership between the academy, the academy club, the club and the United Foundation, will allow United to be at the forefront of academy-driven player development.”
Manchester City’s first-team squad have already included players who have graduated from United’s United Academy, including Raheem Sterling, who graduated from the club’s academy in 2013.
Last season, Sterling was one of just two players to earn a Premier League debut, with the other being midfielder Vincent Kompany.