Inter and AC Milan are making strides toward acquiring the iconic San Siro stadium, with recent discussions revealing the financial details involved in the potential purchase. Calciomercato report that the evaluation of the stadium and surrounding areas amounts to €197 million, according to a comprehensive 196-page document prepared by the Italian Revenue Agency. This document has been shared with all city council members, highlighting key figures that both clubs must consider.
The financial breakdown includes:
– €196,988,465: Total value of the Meazza Stadium and its surrounding areas.
– €124,005,204: Value of the Ambito Gfu San Siro area (up from €103,063,000 in 2019).
– €72,983,260: Value of the stadium itself (down from €96,342,000 in 2019).
In addition to these figures, Milan and Inter will also need to account for urbanization costs if the San Siro operation proceeds:
– €20,942,373: Primary urbanization costs.
– €16,517,928: Secondary urbanization costs.
– €22,088,729: Concession contribution based on construction/transformation costs.
– €59,549,030: Total urbanization costs.
The proposed redevelopment of the San Siro area is expected to spark significant political debate in the coming months. A recent council meeting approved an agenda item requesting Mayor Sala and the city council to allocate resources from the potential sale of the Meazza Stadium and Gfu San Siro toward local improvements. These include neighborhood revitalization efforts, addressing housing emergencies, and upgrading existing sports facilities.
Meanwhile, during a recent council meeting in San Donato, a motion to suspend the Program Agreement for AC Milan’s new stadium project was rejected. Mayor Francesco Squeri addressed ongoing discussions regarding Milan’s interest in a new stadium at San Siro. He stated, “The Program Agreement is progressing. To interrupt an administrative act would require a new act that reflects a change in the evaluations that led to the initiation of this Agreement. The fact that Milan is considering building a new stadium does not constitute a reason to halt the Agreement.”
Squeri emphasized that while they see the stadium as an opportunity for both the city and southern Milan, there are critical issues that must be resolved for the project to gain approval. He pointed out that infrastructure improvements and enhanced transportation links are essential for moving forward.
