Inter and Milan Achieve 354 Million Euro Funding for Project
Inter Milan and AC Milan received 354 million euros to build a new stadium, with construction expected to last 36 months.
Inter and Milan Achieve 354 Million Euro Funding for Project
According to Sports.
Context
Inter and Milan's new stadium project is managed by San Siro Spa, a unit established to handle related financial issues. Both clubs have close supervision from the ownership groups Oaktree and RedBird, along with support from prestigious architectural firms such as Foster + Partners and Manica.
Why this is important
The 354 million euro funding for the new stadium project not only helps Inter and Milan modernize their infrastructure but also strengthen their position in European football. The new stadium will be a multi-functional venue, serving a variety of sporting and entertainment events, thereby increasing revenue and attracting more sponsorship for both clubs.
Main point
- Inter and Milan Achieve 354 Million Euro Funding for Project.
- Inter Milan and AC Milan received 354 million euros to build a new stadium, with construction expected to last 36 months.
- Inter and Milan Secure €354m for New San Siro Build.
Inter Milan and AC Milan have achieved success by signing a 354 million euro sponsorship contract for a joint stadium construction project. According to information from La Gazzetta dello Sport, this funding is provided by a group of leading international banks through San Siro Spa, the unit established to manage financial issues related to the project. This sponsorship comes after the two clubs officially acquired the land of the San Siro stadium earlier this month.
It is expected that Inter and Milan will present the final implementation plan next February, which will clearly state the detailed construction stages as well as the design parameters of the new stadium. Construction work is expected to begin in October 2027 and last about 36 months, according to information from Gazzetta dello Sport. If all goes according to plan, the new stadium will be completed by October 2030, with the inauguration taking place between December 2030 and January 2031.
Both ownership groups, Oaktree at Inter and RedBird at Milan, are said to be very active in overseeing the project, along with prominent architectural firms such as Foster + Partners and Manica. This long-term sponsorship reflects the two clubs' shared commitment to building a modern, multi-functional venue, capable of competing with Europe's top stadiums, while they continue to share the Meazza as Milan derby rivals.
With funding confirmed and land acquisition complete, the planned launch next February will be the next real test to see whether the 2027 start date can be kept.
What happens next
It is expected that Inter and Milan will announce a detailed implementation plan next February, including construction stages and design parameters of the new stadium. If everything goes according to plan, construction work will begin in October 2027 and be completed in October 2030, with a grand opening expected in late 2030 or early 2031.
Frequently Asked Questions
How much funding have Inter and Milan achieved for the new stadium project?
Inter and Milan signed a contract to sponsor 354 million euros for a joint stadium construction project.
Who provided the funding for the stadium project?
Funding is provided by a group of leading international banks through San Siro Spa.
Why was this grant announced at this time?
This sponsorship comes after the two clubs officially acquired the land of the San Siro stadium earlier this month.
When is construction of the new stadium expected to start?
Construction work is expected to begin in October 2027.
What changes are there in the plan to build a new stadium?
Inter and Milan will present the final implementation plan next February, outlining the construction stages and design parameters of the new stadium.
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