Why are Milan and Inter demolishing San Siro?
To build a modern stadium that generates more revenue and allows them to compete financially with Premier League clubs.
Football / Serie A
AC Milan and Inter Milan have finalized the acquisition of the San Siro stadium and surrounding land from the city council, confirming plans to demolish the iconic stadium and replace it with a new, modern 71,500-capacity arena. This move s...
The decision to demolish San Siro comes amid a backdrop of declining performance and financial struggles for Serie A clubs compared to their Premier League counterparts. Serie A has fallen behind in broadcast revenues, leading to decreased spending power in the transfer market. The new stadium project, estimated to cost around €1.5bn (£1.3bn), is part of a broader strategy to generate revenue through corporate hospitality, non-football events, and partnership deals.
Only nine football stadium infrastructure and renovation projects have been undertaken in Italy in the past decade, according to data from PwC, compared to 24 in the Premier League, 19 in the German Bundesliga, 15 in Spain's La Liga and 10 in French Ligue 1. That has left Italy with outdated matchday facilities across the country and average attendances have dwindled to 81%, far less than the Premier League's 99%.
Andriy Shevchenko notes the emotional significance of San Siro but acknowledges the importance of this step for the future of Milan and Italian football. The design of the new stadium will be crucial in respecting the tradition and legacy of San Siro.
To build a modern stadium that generates more revenue and allows them to compete financially with Premier League clubs.
No completion date has been set, but designs are expected to be published in the first half of 2026.
The project is estimated to cost €1.5bn (£1.3bn) and will be financed through a combination of club funds and international banking institutions.
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