Manchester United: Gary Neville part of Old Trafford regeneration task force headed up by Sebastian Coe

Ex-Manchester United defender Gary Neville is part of a task force that will explore the regeneration of Old Trafford, with Sebastian Coe heading up the project which aims to develop a "world-class football stadium".

Coe, the former head of the organising committee for the 2012 London Olympics, will chair the 'Old Trafford Regeneration Task Force' which also comprises Sky Sports pundit Neville, the Mayor of Greater Manchester, Andy Burnham, and the chief executive of Trafford Council, Sara Todd.

The project comes after Man Utd's new co-owner Sir Jim Ratcliffe outlined his plans last month to either redevelop Old Trafford or build a new stadium that could host England matches, FA Cup finals and Champions League finals.

A statement from the task force said: "A joint task force has been created to explore options for regenerating the Old Trafford area of Greater Manchester, with the development of a world-class football stadium at the heart of the project.

"The 'Old Trafford Regeneration Task Force' will bring together local leaders and national experts to examine how stadium development can support renewal of an area of the city with rich industrial history and huge potential for the future, and deliver social and economic benefits for the entire region.

"Chaired by Lord Sebastian Coe, the task force will assess the feasibility of a new stadium of national significance equipped to host international games and finals, as well as providing a modernised home for Manchester United.

"Working in synergy with Trafford Council's Trafford Wharfside Framework, the project aims to support revitalisation of the area between Trafford Park and the banks of Salford Quays, and support the 'levelling up' agenda to drive investment in the north