At first, there was talk of a general timeframe around the end of October. Then the date mentioned was October 31. Now everything has been pushed to early November, "possibly Wednesday, November 5," as stated in recent hours by Giuseppe Sala, the mayor of Milan. The issue, of course, concerns the signing of the deed for the sale of San Siro and the surrounding areas to AC Milan and Inter. This week is decisive because in exactly seven days, on November 10, a restriction will come into effect on the second tier of the Meazza, which would then no longer be eligible for demolition as planned in the two Milan clubs’ new stadium project.
The mayor sought to reassure everyone, saying he was not worried, but time is getting tighter and the November 10 deadline is approaching fast. For this reason, it is necessary to speed up and reach the signing of the sale contract soon. "I’m not worried, but we want to close this matter with the deed, and we’re working even through the weekend," said Sala. He also explained that the postponement of the signing is due to "technical issues between the clubs rather than with the City of Milan," as relayed via Milan News.
What are these issues?
Milano Finanza explains: "The delay is not due to any substantial problems but to technical timing related to the transfer of funds needed to cover the first payment and the debts owed to the City of Milan. Before the signing can take place, the funds must already be in Palazzo Marino’s accounts. The total amounts to about 100 million euros, including the first installment of 73 million, roughly 20 million in overdue maintenance fees, and VAT on the first installment."
