
"Now the two clubs, who have shared the stadium since 1947, have paid 197m (173m) to the city council to take control of the structure and surrounding land, which they say is a sign of "shared ambition for long-term success". The new stadium will have a capacity of roughly 4,000 fewer seats than the current San Siro and will be designed by firms operated by Sir Norman Foster and David Manica, who played crucial roles in the planning of the new Wembley Stadium."
""For us, this a historic moment," says Milan chairman Paolo Scaroni. "It has taken five or six years to reach this point and we had great support from our owners RedBird. "San Siro has been excluded by Uefa as a stadium for Euro 2032 it simply doesn't have all the facilities that are needed for modern football. We badly need a new stadium."
AC Milan and Inter finalised the purchase of San Siro and confirmed plans to demolish it and build a 71,500-capacity arena. The clubs paid 197m (173m) to the city council for control of the stadium and surrounding land. The new stadium will have roughly 4,000 fewer seats than the current San Siro and will be designed by firms operated by Sir Norman Foster and David Manica. San Siro has been excluded by Uefa as a stadium for Euro 2032 because it lacks required modern facilities. Milan chairman Paolo Scaroni called the move historic and cited support from owners RedBird. Designs will be published in the first half of 2026 and no completion date has been set. Both clubs plan to share the new stadium and split construction and running costs to support long-term competitiveness.
Read at www.bbc.com
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