Inter, AC Milan Complete Purchase of San Siro, Set to Build New €1.2bn Stadium
Inter Milan and AC Milan have officially completed the purchase of the historic San Siro Stadium from the Municipality of Milan, marking a major milestone in their joint bid to build a new €1.2 billion arena. The two Serie A giants confirmed on Wednesday that they had signed “the deed of sale with the Municipality of Milan,” just over a month after city officials narrowly approved the deal following an 11-hour debate and vote on September 30. Nicknamed football’s La Scala, San Siro has been one of the sport’s most iconic venues for nearly a century and the shared home of both Milan clubs, who boast a combined 10 European titles. Under the agreement, Inter and AC Milan purchased the land for €197 million ($231 million). The transaction was completed just days before a protection order on the stadium’s second […]
