CF: 80 months, San Siro demolished and €120m revenues – the updated stadium plans

An update has arrived regarding the plans for the new stadium project and it seems San Siro will no longer be partially preserved in the eyes of the club.

According to Calcio e Finanza (via PianetaMilan) the new plan involves the total demolition of San Siro as on page 98 of the technical report it says: “… for which the complete demolition is foreseen and no longer the maintenance of a portion.”

The proposal again says: “Unlike the previous proposal, no vestige of the current G. Meazza stadium will be subject to conservation and re-functionalisation.

“This design solution significantly reduces the impact on the urban landmark of the previous proposal, guaranteeing a suitable condition of balance between the new buildings and the existing ones.”

Further to that, the land that the entire project will cover (including the stadium and the new facilities around it such as the hotels, offices and shops) has been adjusted to 98,321 square meters of gross surface area, whereas before it was 145 thousand. However, the investment – which will be €1.2bn – has not changed.

The teams estimate revenue growth of €120.4m, of which €80m would come from the stadium itself and €40m from the multi-purpose sector around it.

A total of 80 months of work is expected, with Milan and Inter hoping to see the start of the works on January 1, 2024 so as to guarantee the opening of the Patroclus underpass to traffic for the 2026 Winter Olympics, freeing local roads from traffic flow.

To achieve this, the clubs indicate the need for the conclusion of the authorisation process by 2023. The end of the works is scheduled for July 31, 2030.