The Japan Times - San Siro on course for demolition after sale to Inter and AC Milan approved

EUR -
AED 4.197614
AFN 73.150974
ALL 93.75751
AMD 419.373923
ANG 2.046406
AOA 1048.68869
ARS 1698.148787
AUD 1.645852
AWG 2.057375
AZN 1.942374
BAM 1.95428
BBD 2.298223
BDT 140.640647
BGN 1.932653
BHD 0.430166
BIF 3397.558283
BMD 1.142986
BND 1.476178
BOB 7.913847
BRL 5.858836
BSD 1.141118
BTN 108.791411
BWP 15.414082
BYN 3.304724
BYR 22402.53127
BZD 2.294926
CAD 1.624389
CDF 2577.434326
CHF 0.921601
CLF 0.026884
CLP 1058.07417
CNY 7.768194
CNH 7.769655
COP 3836.147733
CRC 519.895763
CUC 1.142986
CUP 30.289137
CVE 110.178369
CZK 24.220796
DJF 203.202892
DKK 7.475999
DOP 67.497518
DZD 152.209177
EGP 55.775453
ERN 17.144794
ETB 184.175597
FJD 2.558803
FKP 0.855045
GBP 0.853542
GEL 3.01173
GGP 0.855045
GHS 13.00289
GIP 0.855045
GMD 84.016549
GNF 10008.305764
GTQ 8.70723
GYD 238.694407
HKD 8.964481
HNL 30.542252
HRK 7.535248
HTG 149.116666
HUF 354.752657
IDR 20531.462714
ILS 3.44233
IMP 0.855045
INR 108.593012
IQD 1494.818111
IRR 1572406.238146
ISK 144.027596
JEP 0.855045
JMD 180.469679
JOD 0.810344
JPY 184.986631
KES 147.730686
KGS 99.953643
KHR 4578.52016
KMF 493.197965
KPW 1028.68806
KRW 1739.230811
KWD 0.353971
KYD 0.950948
KZT 539.375336
LAK 25730.768333
LBP 102182.355746
LKR 382.199483
LRD 207.108966
LSL 18.514342
LTL 3.374942
LVL 0.691381
LYD 7.321339
MAD 10.683493
MDL 20.117182
MGA 4846.23189
MKD 61.652621
MMK 2399.60595
MNT 4098.2976
MOP 9.218611
MRU 45.542589
MUR 53.811308
MVR 17.65935
MWK 1978.24454
MXN 19.923626
MYR 4.655393
MZN 73.038778
NAD 18.514666
NGN 1563.937069
NIO 41.988088
NOK 11.199203
NPR 174.066657
NZD 2.008067
OMR 0.43946
PAB 1.141113
PEN 3.885579
PGK 5.014145
PHP 70.1685
PKR 317.248816
PLN 4.294154
PYG 6921.648462
QAR 4.171556
RON 5.234307
RSD 117.377876
RUB 87.492177
RWF 1672.185189
SAR 4.294725
SBD 9.255247
SCR 15.384767
SDG 686.365822
SEK 11.029015
SGD 1.476504
SHP 0.853355
SLE 27.86033
SLL 23967.855181
SOS 652.092976
SRD 43.08256
STD 23657.508508
STN 24.481179
SVC 9.984106
SYP 126.336672
SZL 18.510688
THB 38.051728
TJS 10.554993
TMT 4.000452
TND 3.375575
TOP 2.752037
TRY 53.537386
TTD 7.72706
TWD 36.7006
TZS 3000.342412
UAH 50.881493
UGX 4168.758648
USD 1.142986
UYU 45.904308
UZS 13744.433485
VES 761.475965
VND 30052.538504
VUV 137.324204
WST 3.163533
XAF 655.441637
XAG 0.018766
XAU 0.000277
XCD 3.088978
XCG 2.056474
XDR 0.815166
XOF 655.450232
XPF 119.331742
YER 270.973501
ZAR 18.571824
ZMK 10288.251391
ZMW 21.024745
ZWL 368.041119
  • CMSC

    0.0700

    22.06

    +0.32%

  • BCC

    -0.6500

    75.28

    -0.86%

  • RBGPF

    0.1700

    68.32

    +0.25%

  • CMSD

    0.0800

    22.23

    +0.36%

  • GSK

    -0.5700

    53.09

    -1.07%

  • NGG

    -0.2600

    82.59

    -0.31%

  • BCE

    -0.5500

    20.87

    -2.64%

  • JRI

    0.1100

    13.11

    +0.84%

  • RIO

    -0.8400

    93.58

    -0.9%

  • RYCEF

    0.2200

    19.9

    +1.11%

  • AZN

    -4.9900

    190.16

    -2.62%

  • BTI

    -0.3100

    61.46

    -0.5%

  • BP

    -0.0100

    37.39

    -0.03%

  • VOD

    -0.0700

    13.08

    -0.54%

  • RELX

    0.3400

    32.27

    +1.05%

San Siro on course for demolition after sale to Inter and AC Milan approved
San Siro on course for demolition after sale to Inter and AC Milan approved / Photo: Stefano RELLANDINI - AFP/File

San Siro on course for demolition after sale to Inter and AC Milan approved

One of the world's most famous stadiums is set for demolition after Milan city hall early Tuesday approved the sale of San Siro, nicknamed football's La Scala, to the city's two football giants.

Text size:

Inter and AC Milan had both threatened to abandon the city had the sale not been approved after having looked at sites in nearby suburbs.

More than 11 hours of debate at city hall ended with 24 votes in favour of the sale for 197 millions euros ($231 million) and 20 against -- enough for Italy's economic capital to decree that Inter Milan and AC Milan will become owners of both the iconic stadium and adjacent land.

Confirmation of a vote in favour of the resolution didn't come until nearly 4:00am (0200 GMT) after a long night which included discussion of a raft of proposed amendments.

In the end Inter and AC Milan, both owned by American investment funds, and the mayor of Italy's economic capital Giuseppe Sala got what they wanted after years of uncertainty over a 1.2-billion-euro project.

The clubs proposed the purchase of the site to the city in March after a previous project in which the land remained public was abandoned in 2023.

As long as the sale is completed by November 10 -- when a public building protection order preventing the demolition of the San Siro comes into effect -- Inter and AC Milan will take control of just over 28 hectares (70 acres) of public land in a densely populated area on the western outskirts of Milan.

It is on the land to the immediate west of the San Siro, currently occupied by matchday car parking and a local park, where a modern 71,500-capacity arena will be built.

Once the new ground is constructed, San Siro will be almost entirely demolished to make way for new parkland, office space and entertainment facilities with everything to be designed by architectural firms Foster and Partners and MANICA.

It will still be some years before the bulldozers come for the current San Siro, where Inter and AC Milan will continue to play their matches to crowds of up to 75,000 until 2031 when the clubs hope to have the new stadium finished.

- Political anger -

The clubs and Sala were helped by the abstention of councillors from the right-wing Forza Italian party founded by deceased former prime minister and ex-AC Milan owner Silvio Berlusconi.

The other opposition parties, the hard-right League and Brothers of Italy, both voted against the proposal, as did a number of councillors from the left-leaning majority which backs Sala's local government.

There has been anger across the political spectrum in Milan at what councillors see as a bypassing of local democracy with Sala trying to avoid being the mayor who allowed two of the world's biggest football clubs to leave Milan.

The proposal was criticised by some members of the council for not containing any details of the development of the new stadium and surrounding area, while the price was also blasted as being too low for a prime area of real estate.

The vote will please Italy's football federation (FIGC) as Milan is one of the potential candidates to hold matches at Euro 2032, which is set to be jointly hosted by Italy and Turkey.

The FIGC needs to communicate to UEFA its five official picks for hosting stadiums by October next year, when it can present new stadiums or ones which need to be redeveloped as long as works begin by March 2027.

Only one of Italy's 14 potential candidates -- Juventus' Allianz Stadium in Turin -- is currently in line with the criteria set by European football's governing body.

T.Kobayashi--JT