A report this morning has made the claim that AC Milan and Inter have decided that they will build a new stadium together after all, despite the previously declared plans to build separately.
According to Corriere della Sera (via Calciomercato.com), the two clubs have been thinking about going their separate ways for some time and after five years of project pitches, land acquisitions, meetings, committees and public debates, there is yet another twist.
The City Council have put forward the San Siro renovation project in an attempt to get Milan and Inter to reconsider, and it seems to have worked. They expect final decision at least on the San Siro issue by the end of the month and the vision of the two ownerships is very similar.
What is pushing the two clubs to remain in cohabitation is mainly a question of costs. The two clubs have been making a business plan for a long time and the data suggests that the cost to build a new stadium each would be over €1bn, while the revenues to recover the expense are too low to quickly recoup it.
The idea behind sharing a renovated San Siro is that it will be similar to the Metlife Stadium that the New York Giants and New York Jets of the NFL call home. They share the stadium, but LED customisations inside and outside as well as other amenities make fans of each team feel like it is just their stadium once a fortnight.
Milan and Inter will meet with Mayor Beppe Sala on Friday to discuss the San Siro plan, while they have concerns that the €400m projected by Webuild to renovate the stadium is far too low. If the Meazza were not feasible, they could build a shared stadium elsewhere in the city.
The clubs are exchanging documents to study their respective projects, because the belief in sharing the facility remains firm.
So did Milan buy the land in San Donato or not?
Who knows? So many random ask information going around makes it impossible to get proper info.. could be redbird bought it not Milan.
yes, Milan had bought land in San Donato since last year
I am not surprised Inter is motivated to share a stadium because other than hearing about selecting Rozzano for their future stadium, there has been no word to my knowledge of any progress at all. Milan have made far more progress and there is a small light at the end of the tunnel.
Truth is both clubs can’t afford building a stadium on their own. It’s a 1 billion plus project each , money that Redbird &Oaktrees don’t have.
I mean , it took the management a whole summer haggling for four players, who in total cost €70million.
How on earth will they ever cover 1billion plus costs??
That’s why it makes much more sense to split costs with Inter .
To be fair infrastructure investments doesn’t affect the FFP so it shouldn’t really be an issue and the money they can attain when selling the club would be greatly improved with our own stadium.
I’ll wait with my judgment as it isn’t official but if they actually has abandoned an AC Milan owned stadium then the ownership comes off to me as pr1ck teases. but the same also happened in regard of bringing us a statement signing for the attack that we was promised in recent months by the management. I’m sure those we got will do fine but they surely isn’t what we was promised earlier.
Clubs take a loan. DUH. Nobody is financing a stadium for their own pocket
Exactly this. It is almost always done via loans.
Clubs that take Loans still have to pay for those Loans.Did you forget that Redbird already owe Elliott, still haven’t paid off the debt to purchase the club.
You make it sound so easy, do you know how much repayment on a billion loan is? How would they have money for transfers, wages etc…that’s why the directors of both clubs are trying to pursue a deal.
It would be Redbirds ruin to take on such a Mountain of debt , they would need investors , who they apparently don’t have to have a go at building the stadium alone, or they would.
We are talking about Redbird, a hedge fund with assets not the Agnelli family who can do what they want in Italy(or almost).
Just look what happened to Zhang with the debt pile he accumulated at Inter.
Ok Turtle..DUH
In which case refurbishing San Siro is the best option for me. So long as the clubs gain the revenue completely. It’s too iconic a stadium to be knocked down.
Amen!
Any readers here resident of Milan? I(I think Bart is, but I could be wrong). What would be the best scenario for you guys actually? And what’s the general consensus amongst the locals? I’d love to hear from your perspective.
Bartholomeo is indeed a resident of Milano and I know he prefers us staying at San Siro. I cant say what the general consensus is though.
I don’t know the general consensus actually. But I think it would be welcomed as San Siro is inside Milan and the urban metro area, a bit cheaper than going to San Donato then. It’s also a huge monument very iconic in Milan, bigger than the Coliseum in Rome.
Also it’s already time consuming to attend games, especially during the week, so the closer the better. I was living in Lyon before and when they relocated the stadium outside of the city it was a mess to go there, by car or public transportation.
And I like the fact that Milan and Inter have distinct curve and a different name for the same stadium. Save San Siro!
There is no stadium like it…..the only time I was tempted by the move was when the cathedral concept was revealed, it echoed San Siro but there is no better stadium design. I’m with you Bartholmeo.
Exactly
One massive goal for Cardinale down the drain. Sala wins in the end!
The issue was the lack of revenue to the club, I’d the clubs buy the stadium, share the renovation costs and the stadium is upgraded to a modern stadium then it’s a win for the club. The issue was the drain in the club to the council.
It is still the most beautiful stadium in world football for me, and the reason is supported the cathedral concept was not t represented the iconic San Siro style. Not a huge fan of huge modern bowls and flying saucer type stadiums.
It is a nice stadium but no one can argue it needs to be gutted to the studs because in its current state, it is a bit of a cesspool. The washroom situation is a mess, it is crumbling, getting in and out isn’t particularly easy. I would be in favour of staying but it would need to be completely revamped as would the area. Otherwise better off building a modern stadium area in another part of the city.
Exactly. Nobody who has been to any event at the San Siro could ever think that it’s a good idea to stay there, unless it were to be COMPLETELY rebuilt from the ground up. Iconic, sure, functional, not a chance.
I was actually hoping inter will go to rossano or wherever and Milan can buy San Siro off d council to build their new stadium … It would be actually more beneficial to have separate stadium… Unfortunately it’s clear dat inter can’t afford to build their own stadium neither can redbird actually finance a stadium . Stalemate..
San Siro is dead. But with the seriousness both Inter and specially Milan manage themselves currently, it will be perfect to continue there. As Honest Truth stated, the bathrooms are a disgrace for example