Milan Council Approves San Siro Sale to Inter and AC Milan for €197M
Milan city council has approved the sale of the San Siro stadium and adjacent land to Inter and AC Milan for €197 million. The clubs threatened to leave Milan if the 'news' of the sale was not approved. The vote ended with 24 in favor and 20 against, pleasing the clubs and the mayor after years of uncertainty.
The sale, if completed by November 10, 2025, will allow the clubs to build a new 71,500-capacity arena on over 28 hectares of public land. The new stadium will replace the current San Siro, which will be almost entirely demolished to make way for new parkland, office space, and entertainment facilities. However, the proposal has been criticized for lacking details about the development of the new stadium and surrounding area, and for the price being too low for prime real estate.
Political anger has been expressed in Milan at what some councillors see as a bypassing of local democracy. The vote was helped by the abstention of councillors from the right-wing Forza Italian party, while other opposition parties voted against the 'news' proposal.
The sale of the San Siro stadium and adjacent land to Inter and AC Milan has been approved, paving the way for a new 71,500-capacity arena. The clubs, pleased with the outcome, can now proceed with their plans. The future of the current San Siro will change significantly, with new developments planned for the site.
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