Inter and Milan released a joint statement warning “the only option is a new stadium at San Siro” rather than go elsewhere or restructure the Stadio Giuseppe Meazza.
The clubs have presented two designs for the new venue, which would be built right next to the current structure, essentially in what is now the parking lot.
Local residents and councillors have pushed for a restructuring and improvement of the Stadio Giuseppe Meazza, while others suggested building the new arena in the Sesto San Giovanni area of the city.
This evening’s statement from the two clubs via the NuovoStadioMilano.com website makes clear Sesto San Giovanni is not going to be considered.
“The only alternative for the clubs is a new San Siro at San Siro,” read the rebuttal to recent meetings with residents and members of the council.
It points out they did consider restructuring the Meazza, but that would take five to six years to complete (double that of building a new stadium), with capacity reduced to 49,000 during the work, no summer concerts and the clubs missing out on €115m in revenue during that time.
The 10 months of study also found that the existing structure would not allow them to reach the standards wanted for a modern stadium, not to mention it’d look nothing like the iconic arena we have today.
Inter and Milan are prepared to invest €1.2bn in the new stadium, hoping to also regenerate the area of the city with new restaurants and entertainment venues, plus a park.
The project is in its very early stages, because the council has not yet ruled whether this is in the public interest.
This statement also noted that the project would bring in 600 new jobs, along with another 3,500-4,000 jobs once the construction is complete.
“The proposal of the club calculates a break-even after 32 years.”
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