San Siro now officially owned by Inter and Milan: deed signed | OneFootball

Milan writes a new page in its sports and urban history today. The Giuseppe Meazza Stadium in San Siro has officially become jointly owned by Inter and Milan.

San Siro officially becomes Inter and Milan's: the deed signed marks a historic turning point for Milan

The signing of the notarial deed between the Municipality of Milan and the two clubs marks the conclusion of a complex negotiation and the beginning of a new chapter for the most iconic facility in Italian football.

The signing ceremony took place in the office of notary Filippo Zabban, in the center of Milan, between 10 and 12 this morning. “Beautiful things always take time,” said Paolo Scaroni, president of Milan, upon leaving the notary's office, emphasizing the symbolic and strategic significance of the operation.

The economic details of the sale and the race against time

The Milan City Council had approved the resolution for the sale of the stadium and adjacent areas in recent weeks. The total agreed price is 197 million euros, which will be paid by the clubs in multiple phases, with an initial tranche of about 100 million euros — including VAT and previous debts — guaranteed by bank guarantees.

The deed was signed by the crucial deadline of November 10, 2025, after which an architectural constraint on the second tier of the Meazza imposed by the Superintendency would have come into effect, effectively making the demolition and construction of the new stadium impossible.

The new project: The future San Siro between innovation and memory

With the completion of the sale, Inter and Milan can start the comprehensive redevelopment project of the San Siro area. According to the dossier presented in March, the plan includes:

The construction of a new 71,500-seat stadium on the west side of the current facility.

The partial preservation of the old Meazza, which will be transformed into a museum, commercial, and cultural space.

The start of work is scheduled for 2027, with an estimated inauguration by 2031.

This new urban layout aims to make the area a sustainable sports and tourist hub, with green spaces, recreational areas, and a European-level service offering.

An intertwining with Milan's corporate affairs

The signing of the deed coincided with the second convening of Milan's shareholders' meeting, necessary to ensure the administrative continuity of the old board of directors during the transition phase. This is a technical but crucial step to complete the transfer and maintain managerial stability at a critical moment for the Rossoneri club.

The Prosecutor's investigation: hypothesis of auction disturbance

Simultaneously with the signing, the Milan Prosecutor's Office opened an investigation for auction disturbance related to the stadium's sale procedure. Prosecutors Paolo Filippini, Giovanna Cavalleri, and Giovanni Polizzi heard Claudio Trotta, promoter and founder of the Yes Meazza committee, this morning.

Trotta stated that he wanted to present an alternative offer together with other operators in the entertainment sector but was unable to participate in the public expression of interest process between March and April, calling it “an operation already packaged in favor of the clubs.” According to his testimony, the goal would have been to propose an independent renovation and management of the stadium, preserving it as a multifunctional structure even without the two teams.

San Siro between past and future

With the signing of the deed, San Siro is set to change its face. From a historic monument of Italian football to a new sports, cultural, and commercial center, the Meazza is heading towards a transformation that will involve the entire city. The challenge will now be to reconcile innovation, sustainability, and memory, keeping alive the legacy of a place that for over 90 years has represented the beating heart of Milanese football.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇮🇹 here.