AC Milan and Inter Milan are planning to build a new stadium with a capacity of 71,500 spectators.
The Milan city council has approved the sale of the iconic San Siro stadium. This paves the way for AC Milan and Inter Milan to demolish the nearly century-old ground and construct a modern venue.
After nearly 12 hours of discussion and an overnight vote, the council gave the green light for the sale of San Siro. On Tuesday, both clubs released a statement saying they are “very pleased” with the decision. San Siro has long served as the home ground for both Milan clubs.
With city council approval, the stadium and its surrounding area could be sold to the two clubs for €197 million. However, formal confirmation from the municipal government is still pending.
Both clubs described this decision as a historic step for the future of the teams and the city.
San Siro has been AC Milan’s stadium since 1926, but it has not been modernized since the 1990 World Cup. The clubs have jointly rented the stadium with city rivals Inter Milan, and repeated attempts at modernization had failed.
As part of a city redevelopment project, the two clubs now plan to construct a new stadium with a 71,500-seat capacity. They aim to have it ready in time for Euro 2032, which Italy will co-host with Turkey.