Both clubs have acquired the site of the historic Meazza and are moving forward with a mega project that will transform the area into one of the most modern in Europe
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Inter and Milan have taken a historic step toward the future. On Monday, both clubs officially announced the signing of the purchase agreement with the Milan City Council to acquire the land that includes the Giuseppe Meazza Stadium and its entire adjacent area, known as the "Grande Funzione Urbana di San Siro".
The transaction, valued at 197 million euros, was made possible thanks to international financing led by Goldman Sachs and J.P. Morgan, accompanied by Banca BPM and BPER Banca. These entities acted as coordinators and strategic partners in a deal that marks a turning point for the two Lombard giants.
According to a joint statement released by both institutions, the new stadium (which will be built on the same site and will be one of the most advanced in Europe) will be overseen by the prestigious firms Foster+Partners and MANICA, which will immediately begin the architectural and urban design of the complex.
El nuevo estadio será de los más modernos de Europa
The project covers 281,000 square meters (3,025,000 square feet) of development and will include commercial spaces, green areas, and entertainment zones. The initial details point to a stadium with a capacity for 71,500 spectators, equipped with a fixed, highly soundproofed roof, although it will not cover the playing field in order to preserve the essence of outdoor football.
In the statement, Inter and Milan emphasized: "This important milestone reflects the shared ambitions of AC Milan and Inter Milan, as well as those of their respective owners, RedBird and the funds managed by Oaktree, for achieving long-term sporting success and for an investment that creates value to support the sustainable growth of both clubs".
With this acquisition, Inter and Milan join the select group of Italian clubs that own their own stadiums, along with Juventus, Sassuolo, Atalanta, Udinese, and Cremonese. This is a decisive step toward the modernization of Italian football and the rebirth of a rivalry that will now share a new home.
Meanwhile, construction is scheduled to begin in 2027, with a total investment estimated at 1.2 billion euros. The goal is for the new stadium to be a candidate to host Euro 2032, which Italy will organize together with Türkiye.
