Italy: Red cards and whistles accompany approval for San Siro’s sale

source: StadiumDB.com; author: Paulina Skóra

Italy: Red cards and whistles accompany approval for San Siro’s sale A deadline that cannot be missed. Milan and Inter must submit their offer to purchase San Siro and the surrounding areas by March 31 next year. The price set by the Revenue Agency is €197M.

Advertisement

“Shame”

Nevertheless, the future of San Siro remains an emotional issue. At the end of Mayor Giuseppe Sala’s speech about the stadium, a group largely composed of committees opposing the construction of a new stadium stood up with whistles in their mouths, waving red cards, and shouting shame. In this atmosphere, council members approved the sale of the stadium and the surrounding land. Only five councilors voted against it, and two abstained.

Everything must proceed quickly to succeed

The timeline outlined by Mayor Beppe Sala is tight. Restrictions related to the stadium’s second ring will come into effect in October 2025, making structural interventions impossible and blocking the transaction. Milan and Inter must submit their offer to purchase San Siro and the surrounding areas no later than March 31, 2025. The stadium itself is valued at €73M, while the surrounding land is priced at €124M, which equates to just under €1,000/m².

San Siro© Grzegorz Kaliciak

If everything goes according to plan, the sale agreement will be signed in July 2025, making Inter and Milan the new owners of the site. After the 2026 Winter Olympics, demolition of the stadium can begin. On its 100th anniversary, San Siro will receive an extraordinary gift — demolition. Plans for the new stadium have not yet been approved, but forecasts suggest it will replace Capitani Park, a green area covering 52,000 m², sparking controversy.

Councilors, experts, and residents fight to preserve green spaces

Construction in Capitani Park must be banned; it’s unacceptable from an environmental perspective. The mayor and the Democratic Party tried to split the majority to allow this massacre, said Councilor Carlo Monguzzi. Residents and urban planning experts are also sounding the alarm. Why was Bologna able to sign an agreement to renovate Dall’Ara, but in Milan, this seems impossible? What is the municipality doing to prevent this, apart from Councillor Tancredi’s statements? Even Capitani Park and its 52,000 m² of greenery are set to be wiped out! they ask in an open letter.

According to the Enrico Fedrighini group, not only is Capitani Park at risk, but also the La Maura racecourse, currently used for events and concerts. La Maura is a private green area belonging to the San Siro equestrian district, part of the South Park, and specially protected by park regulations. Construction is not allowed there. According to Fedrighini, plans for the San Siro stadium activate a chain of interests aimed at generating real estate profits.

San Siro© Grzegorz Kaliciak

Tommaso Gorini observed that business entities renting space within the stadium are pushing to transform it to suit their business models, with the municipality accommodating them, even if this conflicts with other institutions. For years, public interest has been subordinated to the needs of private business models, instead of the other way around.

An important voice from a legend’s relative

Federico Meazza, nephew of the legendary Giuseppe, after whom the San Siro stadium is named, has lived in Madrid for years and follows the controversies surrounding La Scala del Calcio from afar. In an interview with TuttoSport, he said: I would like the stadium not to be demolished. Of course, it requires significant modernization, but it should remain in its current form. Renovation would reduce its capacity for a few years, but it would preserve this gem.

Advertisement