Milan and Inter will both announce plans for a new stadium on Thursday morning.
The two clubs are in total agreement over a new venue to replace San Siro, and a website (nuovostadiomilano.com) has already been set up for the launch.
The plans will be unveiled at 10:00 BST on Thursday.
“A New Stadium for Milano,” read a post on the site’s homepage.
“A new landmark of world class excellence for San Siro and the City of Milano.”
Milan and Inter both want to build a 60,000-seater arena, which includes modern elements and cladding to reduce the sound pollution to nearby houses by up to 40 percent.
It is expected to come at a cost of €605m, while creating over 3,500 new jobs.
