Inter and AC Milan have finalised the purchase of the iconic San Siro Stadium and the surrounding land on Wednesday, November 5, for a whopping £173 million paid to the city council after sharing it since
1947. With that, the plans to demolish the ever-deteriorating San Siro Stadium for a new facility boasting the capacity of 71,500 are confirmed and it will commence quite soon as part of their “shared ambition for long-term success”.
Notably, as per the report from BBC Sport, the capacity of the new stadium will be around 4,000 less than the current number of seats at the San Siro Stadium. It is understood that the design of the new stadium in Milan will be made by firms operated by David Manica and Sir Norman Foster, who have had the honour and the privilege to plan the new Wembley Stadium in London a few years ago.
San Siro has been excluded by UEFA as a stadium for Euro 2032: Paolo Scaroni
AC Milan Chairman Paolo Scaroni said the following about the latest development, “For us, this a historic moment. It has taken five or six years to reach this point and we had great support from our owners RedBird. San Siro has been excluded by UEFA as a stadium for Euro 2032 – it simply doesn't have all the facilities that are needed for modern football. We badly need a new stadium.”
“We have always had a good relationship with Inter, so it makes sense to continue sharing the new stadium and split the costs of building and running it,” he added. Moreover, the plans regarding the new stadium to replace the San Siro Stadium are expected to be revealed during the second half of the ongoing 2025-26 season next year and its subsequent completion date as well.
Moreover, Inter and AC Milan have 21 points to their name in the Serie A standings after the first 10 matches of the season, separated by goal difference.
