Inter, Milan ‘evaluating’ Meazza acquisition

Inter Milan and AC Milan are “evaluating the technical and financial aspects” of acquiring the Stadio Giuseppe Meazza, according to the Municipality of Milan.

The Municipality has announced that Mayor Giuseppe Sala has today (Friday) received an update from the two clubs that could potentially represent yet another change of course for their long-running efforts to secure a new stadium.

The Municipality said Inter and Milan, together with a “team of technical and legal advisors”, are evaluating either an outright purchase of the stadium the authority owns, or striking a deal for its operating rights. It added that a meeting between the Municipality and the clubs is scheduled for the second week of September.
 
Today’s news seems to indicate that both Inter and Milan have received favourably proposals to redevelop the stadium otherwise known as the San Siro.

In June, Italian construction company Webuild submitted its plan for the redevelopment of the Meazza to stakeholders, with reports stating the project would see the demolition of the stadium’s entire first and third tiers in order to bring it up to modern-day standards.

Webuild was tasked in February with compiling a feasibility study for the Serie A giants to stay at their historic home. In May, Sala said the project drawn up by Webuild was the only path forward for the Meazza, after the Municipality of Milan lost an appeal against protected status restrictions related to the venue.

The Municipality in October had launched an appeal against a decision placing protected status on the Meazza, effectively preventing the original plans by Inter and Milan to demolish the facility and build a replacement adjacent to it.

Up to this point both clubs had effectively abandoned their original stadium plans, and hopes of staying in the San Siro neighbourhood, in favour of pursuing separate projects, Milan in San Donato Milanese and Inter in Rozzano.