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Milan Council Approves €197 Million San Siro Sale to AC Milan and Inter

The clubs now face a November 10 deadline to notarize the transfer or the stadium would gain automatic heritage protection that blocks demolition.

Overview

  • The sale passed 24–20 after an overnight session of roughly 12 hours, with absences by Forza Italia councillors helping secure approval.
  • Plans call for a new 71,500-seat venue and the demolition of most of the current structure while preserving a heritage section of the second tier.
  • The redevelopment is expected to be financed privately at about €1.2–€1.3 billion within a wider 281,000 m² urban regeneration plan.
  • AC Milan and Inter have appointed Foster + Partners and Manica to design the new stadium.
  • Site works are targeted to begin around 2027 with completion not before 2031, as the existing San Siro remains slated to host the Milan-Cortina 2026 opening ceremony.