Despite the rumours that Inter are causing a hold-up in the new stadium plans, AC Milan are reportedly not worried about the situation.
La Repubblica (via MilanLive) reported yesterday that there has been a slowdown in the plans caused by Inter because of their ownership situation. Their current owners – the Chinese group Suning – are looking to sell shares and there is an ongoing negotiation with the fund BC Partners.
The Council of Milan wants clarity on the ownership of the Nerazzurri otherwise they will not evaluate whether the stadium is in the public interest.
According to the same paper (via ML), Milan and Inter are determined to move forward with the project despite the hurdle of the upcoming Council elections. The clubs have asked to extend the deadline for presenting the latest technical additions requested to 28 February.
The Council have made it clear that they will not seal the public interest of the operation without clarifications regarding Inter’s ownership, but Milan remain confident about the possibility that approval can come soon.
Elliott Management are showing optimism about the project, the paper adds, as the relationship in question is not between the Council and the two owners, but between the Council and the two clubs, as ownership situations can change over time.
Inside Casa Milan they believe that the situation has not substantially changed, despite the latest developments concerning Inter.