24 to 20! Milan: Milan parliament approves the sale of San Siro to Milan and Inter Milan
September 30th, the Milan Sports reported that after a marathon meeting lasted from the afternoon to the early morning of the next day, the Milan city council finally approved the resolution to sell the San Siro Stadium and its surrounding areas to Inter Milan and AC Milan with a slight advantage of 24 votes in favor and 20 votes against, clearing key obstacles for the construction of new stadiums for the two clubs. Italian media said that the San Siro Stadium will be sold to Inter Milan and AC Milan, and the two clubs will be able to build a new stadium in the area of the existing parking lot in the next few months and remove most of the structure of the Meazza Stadium. The Milan City Council made this decision late at night after a long meeting that began at 4:30 pm and ended until 3:50 AM. As expected, the vote was very tense: 24 votes in favor and 20 votes against. The sale process has not been finalized, but if there are no unexpected situations in the bank within the next 40 days, the process will be settled soon. Milan City Council was called yesterday to approve the city's resolution on the sale of San Siro Stadium and surrounding areas to Milan and Inter Milan. According to the tax bureau's valuation of the area, the sale price is set at 197 million euros, while the city promised a subsidy discount of 22 million euros. During the afternoon of discussion, those originally swaying positions finally became clear. Italian media added that the sale procedures for Inter Milan and Milan must be completed before November 10, when both parties must sign a final contract. In short, the next 40 days will be used to obtain bank approval and complete various procedures for transfer of ownership. From now on, what needs to be paid attention to is the club’s plan. Inter Milan and Milan selected world-class architectural design companies Manica and Foster Architects are expected to complete detailed designs for the new stadium project within the next 12 months.
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