No it was Government money.
it was led by led by Micheal Heseltine
it was the beginning of a succesful working partnership between the Conservatine Government and the Labour run Manchester City Council.
When Conservative deputy prime minister Michael Heseltine arrived in Manchester a few days after the IRA bomb went off, on June 15, 1996, he already knew what must happen next.
Crucially he was willing to put his money where his mouth was, ensuring before he even got on the train at Euston that there would be cash to back it up.
And when he got to the town hall he found the council’s Labour leader - a man he knew well from working together on regeneration that was still underway in Hulme - was on the same page.
“I have a very clear memory of my journey to Manchester to meet Richard Leese and my thoughts at the time,” he recalls.
Michael Heseltine says the lessons learnt from Manchester's reaction to disaster helped shape the devolution agenda and build the Northern Powerhouse
www.manchestereveningnews.co.uk
Your’re right, any investment in Gtr Manchester is welcomed. But lets cut the PR bullshit out that the investment around the stadium is going to ripple across Gtr Manchester, the North West, and the North of England, creating 90,000 job opportunities, etc. It isn’t.
That apart, it will be decades before all the proposals surrounding the new Old Trafford are completed. You only have to look at the Etihad Campus. 18 years after the Super Casino was proposed for the Collar site, the Collar site still remains updeveloped to this day.