Italian soccer clubs AC Milan and Inter are replacing their old stadiums San Siro. Thy have proposed the construction of new 60,000 venue that will cost 1.35 Billon dollars.
San Siro has been shared by the two soccer clubs for a long 71 years. The clubs have reached an agreement to knock it down. AC Milan and Inter are moving to a new stadium adorned with cutting-edge technology.
Ina joint statement, both of the clubs said, “AC Milan and Inter filed with the municipality of Milan the technical and economic feasibility study for the new Milan Stadium and its multi-functional district.
“The proposal to the local institutes marks a first official step by the clubs, beginning a shared journey together with the municipality towards constructing a modern, sustainable and accessible urban district in the San Siro area, built around a world-class stadium.
“The documentation submitted by clubs consists of detailed technical and engineering study which doesn’t include an architectural component.”
Earlier reports revealed that 600 million euros will be spent to build the new venue but new figures reflect the two clubs plan to make the new development not purely for soccer, with the venue also featuring an entertainment and shopping district they estimate would create 3,500 jobs.
The survey was submitted by the clubs comes soon after Milan was picked as the 2026 winter games host in joint bid with Alpine ski resort Cortina d’Ampezzo. The bid team proposed that the San Siro be used by the International Olympic Committee to stage the opening ceremony.