Club plan to sell PSLs to help fund new £2bn stadium
Model to be outlawed by proposed government legislation
Manchester United’s plans to sell personal seat licences to supporters to help fund the £2bn redevelopment of Old Trafford has been put under threat by the government’s clampdown on ticket touts.
The Guardian has learned that the proposed PSL model being considered by United permitted seat licence holders to sell on their match or season-tickets at a profit to other fans but that will now be outlawed by the government in proposed legislation due to be introduced in next year’s King’s Speech.
The government had originally proposed capping secondary ticket sales for sport, music and arts events at 30% above the face-value price of a ticket, but have now set the limit at the original cost in an attempt to combat touts. Officials at the Department for Culture, Media and Sport (DCMS) claim the change will make the cost of each resale ticket £37 cheaper on average, saving consumers a combined total of £112m every year.
