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Court of Auditors Probes Milan Olympic Arena Costs as Finance Police Seize City Files

The dispute over extra charges could decide how much taxpayers cover at a privately owned venue.

Overview

  • The Guardia di Finanza, acting on an order Tuesday, collected documents at Milan’s City Hall for a preliminary review of possible losses to public funds tied to the Santa Giulia arena.
  • The arena hosted Olympic hockey and is owned by CTS Eventim, which seeks 134 million euros in extra costs that city technicians estimate at about 53 million.
  • The government approved 21 million euros in direct support plus roughly 30 million through future service purchases, and no money has been paid to the owner so far.
  • The case is an administrative accounting inquiry that focuses on public officials, with no criminal investigation open at the Milan prosecutor’s office.
  • The document sweep came on the eve of the venue’s reopening as the Unipol Dome with national and local leaders present, and city councillors set a May 13 hearing to examine the figures and next steps.