The Serie A club was selected as preferred bidder for the purchase of Stadio Atleti Azzurri d'Italia. In return they are now obliged to reconstruct it entirely, leaving only the historical part.
At noon on Monday the deadline passed for Stadio Atleti Azzurri d'Italia offers. Two contenders decided to submit their bids, both of them the current tenant clubs: Atalanta and Albinoleffe. Today the winning bid was announced and, to no surprise, it was Atalanta.
Starting price for the stadium was set at €7.826 million The Serie A side raised that price by 10% and offered €8.608 million to claim ownership of the nearly 90-year-old stadium.
Atalanta's victory is one thing, now another part of the agreement with Bergamo authorities needs to be done. The winning bidder is required to reconstruct the stadium entirely within no more than 6 years. Added difficulty comes with its historical facades and highly decorative roof which need to be preserved and incorporated into the rebuilt venue.
Following the reconstruction Stadio Atleti Azzurri d'Italia is expected to hold no more than 23,000 people with a robust football-specific layout.