Inter Milan has secured exclusive rights to carry out a feasibility study into the potential development of a new stadium in the Rozzano suburb of the city.
Italian real estate groups Brioschi and Bastogi, which currently own the land through a company called Infrafin, confirmed the deal in a statement.
The Italian Serie A club will have until the end of April 2024 to study the possible redevelopment of the land. Inter will prepare a report on the possible project, including a cost breakdown.
Inter and city rival AC Milan have been working on a joint Nuovo Stadio Milan project, but ongoing delays concerning this venture have prompted both to reassess their options. The new joint stadium is intended to be built on the same plot of land occupied by the two clubs’ current home, Stadio Giuseppe Meazza, more commonly known as the San Siro.
However, following a meeting in May, it appears increasingly likely that the clubs will pursue their own projects.
In March, AC Milan confirmed Ippodromo Snai La Maura, an equestrian and horse racing facility located close to the San Siro, as its targeted site for a new stadium. It came after the club had set out its commitment to build the “most beautiful, modern and functional stadium in the world”.
AC Milan has also reportedly appointed the CAA Icon agency to support its efforts to build a new stadium without cross-city rival Inter. News of the club’s intention to split from Inter and pursue its own stadium was first reported in February.
Inter has itself been exploring plans for a dedicated stadium and had reportedly selected Assago southwest of Milan city centre as its ‘Plan B’ site for a new home. According to reports, preliminary documents were signed for this alternative facility with the owners of a large private area of land not far from Mediolanum Forum, the home arena of Serie A basketball club Olimpia Milano.
However, Rozzano is three kilometres south of Assago.
Inter and AC Milan have shared the San Siro since 1926, and the venue has been repeatedly renovated over the years.