The good news is that Sir Jim Ratcliffe is planning to spend £245million on upgrades to Old Trafford now that he has completed his £1.3billion buyout at Manchester United.
The bad news is that figure isn't remotely enough to transform Manchester United's decaying stadium into a top-class venue again.
Old Trafford's well-documented problems - the leaking roof, cramped concourses, inadequate legroom, crumbling concrete, flaking paintwork and lack of space to expand capacity - have come to symbolise the neglect of the Glazers over the past 18 years.
The so-called Theatre of Dreams, once indisputably England's best club ground, has been allowed to decline as more and more Premier League rivals enjoy modern and high-tech facilities.
Manchester City fans have started singing 'Old Trafford is falling down' in mockery of their neighbours' plight.
A cheeky Checkatrade advert near Old Trafford poked fun at the state of the place this week.
Organisers of Euro 2028 in the United Kingdom and Republic of Ireland looked to City's Etihad Stadium instead of Old Trafford when drawing up its list of venues.
While petrochemicals billionaire Ratcliffe doubtless has good intentions, it will take a lot more to bring Old Trafford up to scratch.
As an industry insider told Mail Sport recently, his £245m 'will not touch the sides' given the 'huge amount of work needed.'
It might allow for a fresh lick of white paint on the cantilever roof that is exposed to Manchester's notoriously inclement weather and the patching up of the holes through which rain often pours onto fans who've paid hard-earned money for their ticket.
But without a similar or greater investment from the Glazers, it will be impossible to expand Old Trafford beyond its present
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