AC Milan have officially bought a piece of land in the San Francesco area as the stadium project has entered a new and important phase. As revealed in the documents, the price tag is also less than the €40m initially mentioned.
At the end of January, the technical committee of the San Donato council approved Milan’s stadium project in the San Francesco area. Right around the same time, the Rossoneri’s board of directors voted through the purchase of the land , which has now been confirmed.
The well-known stadium and financial expert Felice Raimondo has got his hands on the official documents, confirming Sportlifecity’s purchase of the land from the company Asio. Sportlifecity, of course, is now owned by Milan thanks to the takeover at the start of the project.
+++ Tutto confermato: Sportlifecity ha rogitato e quindi completato l'acquisto dell'area dove sorgerà lo stadio (comparto 1, comprate da Asio). L'operazione si è chiusa per una cifra inferiore ai 40 milioni di cui si parla +++ pic.twitter.com/AdGT9ZmwCT
— Felix (@FeliceRaimondo) February 9, 2024
As added by Raimondo, the price tag is also less than the €40m initially mentioned, which is good news for Milan. The blue area, marked with the number 1, is the land that Milan has bought and where the stadium will be.
On our Substack, we wrote about the matter at length and shared the three key takeaways that fans should know about from the recent developments.
I wonder what Sala will have to say about this?
At last, we have eventually gotten the land. This is a great news.