After a process that began two years ago, early this morning the Milan City Council approved the sale of the San Siro stadium to Inter and Milan.
With 24 votes in favor, 20 against, and 2 abstentions, the Milan City Council approved a transaction valued at 197 million euros. The stadium and the adjacent area, previously municipally owned, are now the property of the two teams.
The night was marked by numerous protests outside Piazzale Marino by many citizens opposed to the decision and the urban policy of the City Council.
The century-old stadium will host the opening ceremony of the Milan-Cortina Winter Olympics and will then be demolished to make way for a new stadium designed by British architect Norman Foster. The idea is to have it ready for the Euro 2032.
The move allows Inter and Milan to move forward with plans for a new, privately owned stadium on the historic site, ending decades of uncertainty over San Siro’s future.
At today’s vote, amendments to the proposal were discussed, including one for accessibility criteria to be compliant in the new project and initiatives to help boost sustainability.