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Milan and Inter Secure Approval for San Siro Land Acquisition, Paving Way for New Stadium by 2032

San Siro - the Stadium of AC Milan and Inter

Key Takeaways:

  • The Milan city council approved the sale of the Giuseppe Meazza Stadium and its land to Milan and Inter for nearly 200 million euros following an overnight session
  • The agreement must be finalised by 10 November, with ground-breaking for the new 71,500-seat stadium anticipated in 2027
  • The existing San Siro will continue to host football and events until its planned demolition between 2031 and 2032, with only select sections preserved

City Council Endorses Landmark Sale

Milan and Inter have obtained official approval from the city authorities of Milan to purchase the grounds of the renowned “San Siro” sports complex, setting in motion their shared vision for a modern replacement stadium. Extensive coverage in Italian media explained that the city council convened for twelve hours, with their session extending until 3:46 a.m. as members debated over 290 amendments before reaching a final vote.

The outcome saw 24 councillors vote in favour, 20 against, and two abstain, thereby endorsing the proposal to sell the Giuseppe Meazza Stadium and its adjacent land to the two clubs for a sum just shy of 200 million euros.

Timeline for Completion and Stadium Details

The transaction is required to be concluded by 10 November, after which Milan and Inter plan to break ground on the ambitious stadium redevelopment. Construction of the new facility, projected to offer 71,500 seats, is expected to begin in 2027. The aim is for the venue to be operational within four years, aligning with aspirations to play a prominent role in the matches of Euro 2032.

Both clubs had already declared, one week previously, that they had appointed the architectural firms Foster + Partners and MANICA to lead the design efforts for this state-of-the-art sporting venue.

EventDate/NumberDetails
City council vote on land sale3:46 a.m., after 12 hours24 in favour, 20 against, 2 abstentions
Sale priceNearly 200 million eurosIncludes stadium and adjacent land
Sale deadline10 NovemberFacility acquisition must be finalised
Construction start (expected)2027Designed by Foster + Partners & MANICA
Stadium capacity71,500Planned for Euro 2032 matches
San Siro demolition2031-203290% of current structure to be removed
Preserved sectionsN/ASoutheastern sector, part of orange grandstand, Curva Sud ultras zone

Transitional Arrangements and Legacy Aspects

During the transition period, both Milan and Inter are slated to continue playing home fixtures at the current Giuseppe Meazza venue. The stadium will also remain available for concerts and other large-scale events. However, plans indicate that the iconic San Siro will face partial demolition between 2031 and 2032, with approximately 90 per cent of the stadium to be dismantled. Key heritage elements will be preserved, notably the southeastern sector containing one of the distinctive towers, segments of the orange stand, and the area reserved for the Curva Sud ultras.


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