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Home Primo Piano

Il Sole 24 Ore: New stadium project faces another issue: the cost has skyrocketed

Wajih by Wajih
23 June 2022
in Primo Piano, News
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The new stadium project continues to be a delicate issue for AC Milan and Inter. Dealing with the municipality and mayor of Milan has already proved to be difficult. But, there's now another problem:  the cost of the project has skyrocketed.

As reported by Il Sole 24 Ore, the cost must be completely reviewed. From 600 or 700 million euros for the stadium and 1.2 billion euros for the urban redevelopment of the entire area, it has increased over the course of these two years to over 3 billion euros due to the cost of raw materials and inflation.

For this reason, the idea of going to Sesto San Giovanni is becoming more popular for the AC Milan management now: there, the land is private with no architectural and urban planning constraints and there is no agreement required to be found with the mayor Roberto Di Stefano.

The need would be that of a modern public transport that San Siro already has with the M5 line inaugurated in 2015. In this sense, WeBuild (Massimo Ferrari is their general manager, member of Milan directors who already brought to attention the increase in the costs in the first place) can act as a bank because there is already a project that can be financed with PNRR (The National Recovery and Resilience Plan) funds to lengthen that line up to Monza. If there is no new San Siro, there will still be a new AC Milan stadium, in one way or another: this is Gerry Cardinale's goal

Tags: MilanSan SiroSesto San Giovanni
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Wajih

Wajih

A writer, passionate about football: Serie A and AC Milan in particular. For business inquiries, contact: wajihmzoughi1996 [at] gmail [dot] com

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