At the start of the year, WeBuild came forward, offering themselves for the job of renovating San Siro. However, Inter and AC Milan are yet to decide if they want to go ahead with the idea, and today, a report has suggested how much it will cost them to go ahead with the plans.
In the past few months, the San Siro-San Donato decision has taken somewhat of a backseat. Whilst work is ongoing, it has not been the main focus of the club, understandably, given the mercato was ongoing. Nevertheless, a decision is expected this month.
UEFA see the iconic stadium as an ideal host for the 2027 Champions League Final, but the stadium requires some modernisation for this to happen – which is an understandable request. During an interview on Tuesday, though, Milan’s Mayor, Beppe Sala, suggested that a decision will not be made before the expected date of September 13.
Ultimately, the most important factor of the decision is the price, and today Tuttosport (via Milan News) reports that building a new stadium will cost around €1 billion, whereas renovating San Siro would cost between €300-400 million, of course, split between the two clubs.
Additionally, the report states that this would be the cost to renovate the stadium and the surrounding areas, but more importantly, it is also mentioned that this cost would also include ‘buying it, or leasing it for 90 years’. If buying the stadium were to be an option, surely this makes the project much more attractive.
We want to save our club. We don’t want to save Inter.
We want our own stadium.
Save San Siro
❤️🖤
I hope one day AC Milan will have their own stadium to have an extra income to grow the club revenue. But this is taking too long. And something suspicious there is. i think the clubs, dont have the funds to do this next step…
Funds aren’t needed. Loans are what they will have to get. To get loans though they need to show good finances. If they then fail to pay they will have to do as Inters previous owner did and turn the club over to the bank. Or as happened a couple of years back to Milan of course. But buying the stadium or building a new stadium must be a calculated risk. To do it they must know that is will bring the incomes needed and then some to be able to pay the money back to the bank for the loan and interest. So in a way it doesn’t really matter what funda we have today as long as the stadium can fund itself in the future.
This is what we proposed beppe Salas council
Several years ago and now its gone full circle. Even if we could now own it, it still needs to meet standards of a modern stadium. If that can be achieved then we should stay, providing we make as much from ticket sales as we would in our own stadium plus we’d be circa 800m up. But why the years of politics and bull from us proposing this, to finding land to call their bluff and start tge hole process again. You’ve all seen the videos of the concrete pillarsmoving on matchday. Something tells me the 3/400 in grossly underestimated, especially if it includes buying or leasing it. I wouldn’t be surprised if it was more like a billion, although split 2 ways helps. I also remember we spent a similar amount about 15 years ago and look where that got us..15 years late..same issues.
Milan should just buy San Siro and make it thier own. rent out to Inter for matches till they’re able to complete their own Stadium and move.
🙂 yes!