San Siro – the Giuseppe-Meazza Stadium, which is the official ground of two Italian Serie A clubs, AC Milan and Inter Milan has been put up for sale by the Mayor of Milan, Giuseppe Sala, for a fee of €70m.
The owner, Milan Municipality through the Mayo, Giuseppe Sala, wants to do away with the famous stadium that has been the traditional home ground of AC Milan and Inter Milan in their domestic and European games.
Surprisingly, neither Milan nor Inter has shown interest in acquiring the facility.
Sala is the Mayor of Milan Municipality and the move to dispose of the stadium is seen as a way for him to force the hands of Nerazzurri and Rossoneri to accept the idea of restructuring the enclosure, built in 1926 and refitted on three levels since the 1990 World Cup.
But it appears Inter and Milan are unlikely to jump on the opportunity, because of the cost of the works and the obligation to go into ‘exile’ because of the construction site.
Both have already opted for a new stadium, to be built on the San Siro parking lot, accompanied by a real estate project and the amount of the operation would be 1.2 billion euros and would have the advantage of being able to enjoy the Giuseppe-Meazza Stadium almost until the inauguration of their new home.
“San Siro would then be shot down to make way for an area of activity, source of juicy rents, such as those that affects Juve since 2011 around its Stadium,” claims an unnamed Milan official.
The Mayor of Milan has said that San Siro will still be operational in seven years to host the opening ceremony of the Winter Olympics 2026.