Featured image credit: Tomas Peršolja on Unsplash
AC Milan and Inter Milan are reportedly preparing to present plans for a new 71,500-seat stadium on the site housing the Stadio Giuseppe Meazza, with the Serie A rivals’ current home set to be repurposed as a museum and events centre.
The Corriere della Sera said Milan and Inter are set to unveil their vision to the Municipality of Milan by early March. The newspaper said the new stadium will be built on land currently used as parking lots, adjacent to the stadium more commonly known as the San Siro.
Encompassing 55,000 square metres of green space and underground parking, the new stadium project, expected to cost between €1bn (£833.5m/$1.04bn) and €1.5bn, will have 13,000 of its seats classed as hospitality offerings.
According to the first drafts of the project, the Corriere said visitors will enter the stadium via a covered podium structure that will envelop the facility, replacing gates and turnstiles. In terms of the vision for the Meazza, a transformation into a memorial museum venue is expected.
This will reportedly see preservation of part of the Curva Sud, and the stand to its right, to create an ampitheatre-like structure that could host events. Club headquarters for Milan and Inter could also be incorporated into the site, along with potentially a hotel.
It is envisioned that work on the new stadium could commence in the early months of 2027, with completion in 2030 allowing transformation of the Meazza to begin.
In November, the City Council of Milan approved a motion which will see the Meazza made available for sale, with an agreement aimed for July at the latest. The Council has valued the stadium and its land at €197m. The plot in which the San Siro lies makes up €124m of that figure while the stadium itself comprises the remaining €73m.
Earlier in the month, the Municipality confirmed receipt of an expression of interest from Milan and Inter to acquire their current home and the surrounding land in order to build a new stadium.
In October, Milan and Inter announced record revenues for the 2023-24 financial year, as representatives from the clubs also provided an update on their stadium plans. The financial results were released after the Municipality earlier revealed that the two clubs were interested in building a new stadium next to San Siro.
Milan and Inter in September rejected a proposal backed by the Municipality to redevelop San Siro, with the two clubs returning to the idea of a new stadium located close to the venue.
Up until September’s announcement, the clubs had effectively abandoned their original stadium plans and hopes of staying in the San Siro neighbourhood in favour of pursuing separate projects. Milan had targeted the San Donato Milanese neighbourhood, while Inter had set its sights on the Rozzano suburb of the city.
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