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Milan approves sale of San Siro; stadium will make way for new arena

San Siro sale approved. Inter and Milan will build new arena by 2031.

San Siro will be used until 2026, but its demolition will begin in 2031
San Siro will be used until 2026, but its demolition will begin in 2031

After years of impasse, Milan city hall approved, in the early hours of Tuesday (30), the sale of the San Siro stadium to Internazionale and Milan. The clubs will demolish the site to build a new arena by 2031.

The agreement, approved with 24 votes in favor and 20 against, provides for the transfer of the stadium and adjacent areas for 197 million euros, approximately R$1,2 billion. The proposal was supported by center-left Mayor Giuseppe Sala.

San Siro, also called Giuseppe Meazza, will turn 100 years old in 2026 and is the largest stadium in Italy, with a capacity for around 80 fans.

“We have managed to write a new page, and we are only at the beginning,” declared Milan’s deputy mayor, Anna Scavuzzo.

Inter Milan, who had threatened to build their own stadiums outside the city, celebrated the result. "It's a historic and decisive step for the future of the clubs and the city," they said in a joint statement.

According to the clubs, the new stadium will cost €1,2 billion (R$7,5 billion). The project includes a 71-seat arena, a museum, official stores, restaurants, a hotel, offices, green areas, and sports fields. Construction is expected to begin in 2027.

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The city will invest €22 million (R$138 million) in the reconstruction of a tunnel and landscaping. The architectural design will be carried out by Foster + Partners and Manica Studios.

The new arena is expected to be ready by 2031, in time for the 2032 European Championship, which will be hosted by Italy and Türkiye.

Until then, the San Siro will remain in use. It will even host the opening ceremony of the 2026 Winter Olympics, in Milan and Cortina d'Ampezzo.

The stadium will only be demolished after this phase. Part of the structure will be preserved, as in November 2025, the second ring of the San Siro stadium will be protected as a historical heritage site, celebrating its 70th anniversary.

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