"AC Milan have spent €55 million on the San Donato project and so far, they have nothing to show for it, almost a year after abandoning it. In February 2024, Milan made the purchase of the area of land in San Donato, via the Sportlifecity company, for around €40 million, intending to build a stadium on the land. However, things just never took off as was hoped."
"Just weeks after that decision, Gerry Cardinale admitted that he was 'very satisfied' with the plans to move and leave San Siro, but things quickly slowed. In fact, by September, there were considerations about staying put with renovations and a month later, the project was effectively dead. Initial estimates suggested that the Rossoneri would be spending almost €1.3 billion on the new project, which would include the stadium costs, a museum, a team store, as well as a real estate sector and other external costs."
"Since then, many ideas have floated about. After all, with the investment into the land already, there is potential with it. At first a 'new Milanello' was suggested, with a new sports centre being seen as a new option. In fact, there had been visits from the club's management to Real Madrid's 'Valdebebas' facility, and inspiration was reportedly drawn. This was, as one may expect, not the only idea put forward though."
AC Milan purchased land in San Donato in February 2024 via Sportlifecity for around €40 million and have spent €55 million on the project to date. Plans envisioned a new stadium and a wider €1.3 billion development including a museum, team store, real estate and external costs. Initial enthusiasm from ownership faded, with rethink discussions about renovating San Siro and the project effectively abandoned by January 2025. Several alternative proposals surfaced, including a new training centre modelled on Real Madrid’s Valdebebas, a commercial development, or an 18,000-seat arena, but no concrete plan has progressed.
Read at SempreMilan
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