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AC Milan, Inter and City Authorities Reach Agreement Over San Siro Sale

San Siro - the Stadium of AC Milan and Inter

Key Takeaways:

  • Mayor Giuseppe Sala has confirmed that AC Milan and Inter have reached an agreement to purchase the San Siro area
  • The full approval of the sale now awaits the formal decision of the City Council, following further committee discussions
  • UEFA has stipulated the need for a new stadium by 2031 in order to consider Milan as a host city for Euro 2032

Agreement Reached for San Siro Acquisition

Giuseppe Sala, Mayor of Milan, has officially stated that the city authorities and both AC Milan and Inter have achieved a consensus regarding the sale of the San Siro district, encompassing the iconic Stadio Meazza. The development sees both clubs poised to assume ownership, yet the process now hinges on the City Council’s forthcoming deliberations and verdict.

Stadium Plans and UEFA Requirements

Speaking to RTL 102.5, Sala remarked, “Everything is fine. On Wednesday, we should go to the council with the resolution for the sale of San Siro because, in fact, we have reached an agreement with the clubs.” He further highlighted the urgency imposed by UEFA’s requirements, stating that the new stadium must be completed by 2031, as failure to do so would see Milan excluded as a candidate host for the 2032 European Championship.

Next Steps: Approval Process and Timetable

According to Sala, the resolution and project proposal regarding the asset transfer will undergo committee scrutiny and debate within the City Council chambers before a final vote. He emphasised his intention to support the resolution: “I will vote in favour, and then it will be up to the City Council to decide. All of this will happen by the end of the month.” Sala confirmed that he will bring the matter forward to ensure a transparent and conscientious review by the council.

AspectDetails
Agreement PartiesAC Milan, Inter, City of Milan
Area InvolvedSan Siro (Stadio Meazza and surrounding land)
Approval StatusPending City Council decision
UEFA Deadline for New Stadium2031
Euro 2032 Host ConditionNew stadium must be completed
Expected Resolution TimelineBy the end of the month

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