Manchester United investor Sir Jim Ratcliffe wants the club to have a new stadium.
The British billionaire, who has bought 27.7% of United, is keen to build a new ground and move away from Old Trafford.
However, he has also indicated a willingness to set up plans for the new stadium to be built in the same area.
Per the BBC, he said: "It's about time someone built a national stadium in the north of England.
"If it can be achieved, it would clearly be my preference.
"I would be very excited for the north of England."
He added: "Trafford Park is where the industrial revolution began. If you look at that region of Manchester today - only a mile from the centre - it is tired and neglected and parts are quite run down.
"There is quite a big argument, in my view, for regenerating that whole south side of Manchester.
"The nucleus of it would be building a new world-class state-of-the-art stadium which could take England games, the FA Cup final, Champions League finals.
"It could serve the north of England.
"There is a bias in the UK in terms of where national stadiums have been built - they are all in the south.
"There is a lot of talk about leveling up. HS2 has been canceled and all that is going to be spent on the rail network in London.
"The people in the north pay their taxes just as the people in the south.
"Why shouldn't there be a venue in the north of England for England to play at?
"Why does everyone in the north have to go to the south for the semi-finals of the FA Cup?"