New €600mn San Siro to be rebuilt by 2023



Linkedin Twitter

San Siro stadium update - March 2019 Image: Inter Milan and AC Milan

Milan’s Giuseppe Meazza Stadium, popularly known as the San Siro, will soon be demolished to give way to a bigger and more modern stadium, to be built at a cost of €600mn, that Inter Milan and AC Milan are expected to use from around 2023, according to media reports.

The San Siro was built in 1926 and was overseen by the then AC Milan president Piero Pirelli. It now appears as though both the clubs are about to strike an agreement to build a new stadium with a capacity of more than 60,000.

The new stadium will likely have new sports and recreational facilities, apart from shopping centers. It will be built about 100 meters away from where the San Siro is, with the project expected to cost about €600mn.

Italy’s La Republicca newspaper reported that the municipal council has given a green signal to the project. The publication added that plans for the new stadium have already been approved by AC Milan and the local council, with Inter expected to give the project the green light in the near future.

Both Inter and AC Milan are expected to contribute a large portion of the construction costs, while naming rights will reportedly generate an additional €25 million (US$28.3 million) per year in revenue.

In addition to the new 60,000-capacity stadium, the project also includes a 5,000-seater venue for concerts and other events, along with a new shopping complex in the area surrounding the stadium.

The report also claims that this will be the most innovate stadium project in Europe. Recently, top officials from both Milan and Inter were on a trip to the United States with executives from Goldman Sachs to study the way stadiums like the MetLife have been built and maintained.

Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports venue executives and professionals.

Watch 150 member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


More News

Formula 1 Miami Grand Prix progress

Grandstands at Miami International Autodrome

Published: January 19, 2022

Grandstands at the Miami International Autodrome will be built up imminently, as per the Miami... » Read more

Enmarket Arena opening delayed

Omicron derails opening of Enmarket Arena

Published: January 19, 2022

The opening of Savannah’s Enmarket Arena (US), originally scheduled for January 13th-14th, 2022,... » Read more

No public tickets for Beijing 2022 available

No Beijing 2022 tickets for public

Published: January 19, 2022

No tickets will be sold for the upcoming Winter Olympic and Paralympic Games in Beijing due to the... » Read more

Saudi Arabia permitting the commercialisation of sport facilities

Saudi Arabia historic move on sports venues

Published: January 19, 2022

In a historic moment for the sports industry in Saudi Arabia, a royal decree was issued recently... » Read more


Receive global sports venue NEWS twice a week in your inbox