Inter and AC Milan complete purchase of San Siro / Photo: © AFP/File
-
South African election results renew debate over identity-based voting
-
Post-election pressures complicate US and Israeli decisions on Iran
-
South African voters report smoother local election but declining IEC trust
-
UN members approve talks on treaty protocol against environmental crime
-
Dolly Parton museum and Nashville hotel open after singer’s death
-
Family-run West Sussex beach café prepares for first winter season
-
George and Amal Clooney attend New York political-comedy reading
-
CT scans reveal health and burial clues from Egypt’s Braided Lady mummy
-
British buyers pay substantial premiums for period-home appearance
-
Oxford faces complaints over lecturer’s classroom attire
-
Thomas Markle released to house arrest after child-abuse-image charge
-
Kyren Wilson and John Higgins reach International Championship snooker final
-
Dawn of War 4 developers chose Adeptus Mechanicus for tactical variety
-
New Zealand and Tonga meet for place in Rugby League World Cup final
-
Italy face unbeaten South Africa in Turin Nations Championship match
-
Reports of unsafe AI-toy responses renew calls for child-safety rules
-
ChatGPT interactive interface feature tested across six custom tools
-
Juneau food network combines difficult supply routes with deep sharing traditions
-
Freshways milk-price cut deepens pressure on UK dairy farms
-
India climbs green-transition ranking after first emissions decline in 25 years
-
Labour and National remain virtually tied as New Zealand vote count advances
-
Trump names Stephen Miller as White House chief of staff after midterm losses
-
The Good Daughter adapts Karin Slaughter thriller with Rose Byrne and Meghann Fahy
-
Restored Albanian tower houses anchor new rural tourism trail
-
Heavy-lift drone evacuates wounded Ukrainian soldier from frontline kill zone
-
Sonia Gandhi reflects on family tragedy and reluctant political career
-
Morrison says West Brom recovered after pressure from successive derby losses
-
Pope Leo begins three-country South American tour in Uruguay
-
Britain considers 2027 state visit for Ukraine’s Zelensky
-
Khawaja says entire Australia camp knew of 2018 ball-tampering plan
Inter and AC Milan complete purchase of San Siro
Inter Milan and AC Milan moved one step closer to a new stadium of their own on Wednesday after completing the purchase of the iconic San Siro, which is set for demolition.
The two Serie A clubs announced "the signing of the deed of sale with the Municipality of Milan", little more than a month after city approval for the acquisition of the land on which the stadium sits.
Nicknamed football's La Scala, San Siro is one of the world's most recognisable stadiums and the longtime home of Inter and AC Milan, who between them have been crowned European champions 10 times.
Inter and AC Milan obtained approval to purchase the land for 197 million euros ($231 million) after over 11 hours of debate and a knife-edge vote at Milan city hall in the early hours of September 30.
The sale needed to be completed by next Monday, otherwise a public building protection order for the San Siro's second tier would have come into effect.
Now the two clubs can now push ahead with a project worth around 1.2 billion euros which will radically change an area of just over 28 hectares (70 acres) in a densely-populated neighbourhood on the western outskirts of Milan.
A modern 71,500-capacity arena will be built on land -- currently occupied by matchday car parking and a public park -- to the immediate west of the current stadium which will continue to be used until the new one is completed.
Once the new ground is constructed, the San Siro will be almost entirely demolished to make way for new parkland, office space and entertainment facilities with everything to be designed by architectural firms Foster and Partners and MANICA.
The clubs are hoping to have the new stadium ready in time for Euro 2032, which is set to be jointly hosted by Italy and Turkey.
Italy's football federation needs to communicate to European governing body UEFA its five official picks for stadiums for that tournament by October next year, when it can present new venues or ones which need to be redeveloped as long as works begin by March 2027.
The current San Siro will host the opening ceremony of the upcoming Milan-Cortina Winter Olympics on February 6.
M.Furrer--BTB