AC Milan and Inter Milan file proposal for a new ‘San Siro’

AC Milan and Inter Milan have officially launched their proposal to replace the current home ground with a new 60000-capacity stadium.
The current home ground will be demolished to give room for the new stadium.
The announcement came after filing a proposal with the local authorities.
“Today, A.C. Milan S.p.A. (AC Milan) and F.C. Internazionale Milano S.p.A. (F.C. Internazionale) filed with the Municipality of Milan the ‘Technical and Economic Feasibility Study’ for the new Milan stadium and its multifunctional district,” the clubs announced in a joint statement.
The announcement is the first move towards the development of another ground close to the current San Siro. The old arena will be knocked down to give space for an area devoted to sports, shopping, and entertainment.
The two clubs state that the whole project will require an investment of 1.2 billion euros and will create jobs for about 3,500 individuals.
Final approval from the local authorities for the project filed on Wednesday would give preliminary permission and mean Milan and Inter would then need to provide a detailed arrangement which would likewise be approved before any development could start.
The proposition additionally said it was impractical to revamp the current San Siro.
Inter CEO Alessandro Antonello and Milan president Paolo Scaroni had declared a month ago the clubs’ plan to demolish the San Siro. However, they have met opposition from the city’s mayor Giuseppe Sala.
Sala said the present ground, which the city owns, would still be standing till 2026 since it is part of the Milan-Cortina d’Ampezzo bid to host the Winter Olympics that year.
The iconic ground Stadio Giuseppe Meazza, popularly called San Siro because of the district of Milan in which it is built, is one of the most famous grounds having hosted four European Cup, Champions League finals and 1990 World Cup matches.
Local authorities own most of the stadiums that most clubs use; however, that is gradually changing lately.
Atalanta, who will play Champions League next season, is building another ground on the site of the previously city-owned Stadio Atleti Azzurri d’Italia.
AS Roma are likewise working towards a new arena, but the development has met different obstacles.
Meanwhile, Juventus have won the Serie A title each season since their new stadium opened in 2011. An evident increase in revenue has helped their resurgence after they relegated following a match-fixing scandal.

Author: Cossy

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