#stadium-financing

#stadium-financing

AC Milan and Inter are expecting their new stadium to bring in an additional €150m in annual revenue, which would significantly boost their baseline. Following the green light from the city council, which is something we discussed in a Substack bonus a while back, Milan and Inter are now focused on completing the San Siro purchase. Indeed, work is currently underway to reach financing agreements with several banks.

"If the deed is finalised by the 10th, what does having San Siro mean in terms of a possible sale? Elliott, with or without the stadium, is interested and makes no difference," he said (via PianetaMilan). "Cardinale's debt, around €500m, remains. Cardinale must pay it to them, stadium or no stadium. Elliott have already sold Milan with a vendor loan. The stadium issue is more about Cardinale.

Angel Stadium turns 60 next year. By then, the city of Anaheim hopes to learn how many hundreds of millions of dollars it might take to keep the stadium viable for decades to come. The Angels' stadium lease extends through 2032, and the city manager said Tuesday there are no talks between the city and the team about what might happen beyond then.

Securing this landmark financing gives us the green light to deliver Nou Mestalla -- a world-class stadium that will power the club's growth for generations.