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Iconic European stadium set to be demolished in £172m plans

San Siro Set for Demolition After Sale to Milan and Inter Approved
  • Milan City Council has approved the sale of the San Siro stadium to AC Milan and Inter Milan following a nearly 12-hour overnight debate.
  • The vote, which passed 24-20, allows the clubs to proceed with their plans to demolish the 99-year-old ground and construct a new 71,500-seat stadium as part of a wider urban regeneration project.
  • The sale, valued at 197 million euros (£172 million), must be finalised before 10 November to avoid complications arising from the second tier's historical significance.
  • The new stadium is intended to be a world-class facility, ready for Italy's co-hosting of the 2032 European Championship, as the current San Siro is no longer considered modern enough for UEFA tournament matches.
  • While the clubs and Milan's mayor view the decision as a historic step, opposition groups, such as the populist 5-Star Movement, have criticised the deal as excessive real estate speculation.
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