ICYMI: Milan clubs investigate new stadium proposal: The city of Milan is seemingly ready to offer a $498.5m AUD proposal to reconstruct the Stadio Giuseppe Meazza, in what is being considered as a last attempt to persuade AC Milan and Inter Milan that their futures will rest at their current home.
Arco Associati, an architectural firm, is claimed to be behind the concept, which would see a new-look Meazza with a capacity of 75,000 - 5,000 more than the two stadia Milan and Inter are presently working on and around 800 less than the San Siro.
The city's appeal is set to be heard on March 14, and any future attempts to reconstruct the Meazza would also need to persuade the two clubs. Both Milan and Inter have always been dubious of such a proposal, citing worries about how a restoration would fit in with the requirement to organise games, as well as whether a new-look Meazza would meet their goal of having a stadium capable of competing with the finest in Europe.
Inter started a fan feedback campaign last month in preparation for their anticipated transfer to a new 70,000-seat stadium in the town of Rozzano. In October, Inter provided a preview of life beyond the San Siro by showing preliminary concept renderings from Populous of a new stadium that it hopes will open ahead of the 2028-29 season.
In an address to shareholders as Inter disclosed record matchday revenues, CEO Alessandro Antonello said the delivery of a new stadium owned by Inter is "crucial" in accomplishing the club's larger mid-to-long-term aims.
Inter has already won the exclusive right to conduct a feasibility study on the prospective building of a stadium on the property. The club has until the end of April 2024 to investigate the concept. In September, first proposals were submitted to the Mayors of Rozzano and Assago.
Inter and its local rival had previously collaborated on a combined Nuovo Stadio Milan project on the site of the Meazza, but continuous delays forced both to reconsider their plans.
Milan declared its first profit in over two decades in October, with record sales of over $670 million, as the club revealed that its owners had already committed $66.27 million in pushing plans to build a new stadium in San Donato.
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