Reports: Milan and Inter ready bid for San Siro – what it means for the €55m San Donato site | OneFootball

AC Milan and Inter are ready to present the proposal for the purchase of San Siro and the area around it, which poses a question: what about San Donato?

As reported earlier today, official documentation that will be delivered to the City Council which is an offer from the two clubs to them for the purchase of the existing stadium and adjacent land. The idea is to build a new 71,500 stadium on the parking lot, and partially demolish the Meazza.

Some fans will wonder what happened to the San Donato plan, a site Milan invested €55m into with the aim of constructing a new home there. It is clear this project risks being partly of fully abandoned if all the pieces of the San Siro puzzle fall into place in favour of Milan and Inter.

As also reported by Il Corriere della Sera, the areas purchased by Milan through SportLifeCity (a company 90% controlled by the Rossoneri since July 2023 and owner of the area on which to eventually build a new facility) could be used for a new purpose, in agreement with the Council.

For example, Milan could decide to move the youth sector headquarters – currently the Vismara Sports Centre, called Puma House of Football for sponsorship reasons – to the site. That is, in fact, the latest idea.

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When purchasing the SportLifeCity vehicle, it was actually stipulated that ‘Even if AC Milan did not intend to exploit the area for the construction of the new stadium, it could still use it for the development of other interesting projects in the entertainment and sports area’.

Furthermore, the following was added: ‘[…] The possibility of transferring the shares of SLC as well as the obligations assumed with the agreements signed with C&P, CFS and SLC to other companies directly or indirectly controlling or controlled by AC Milan’.

In other words, if Milan were to fully commit to the ‘new San Siro’ then they can either use the land in San Donato for another purpose or sell the site on. Whether they make their money back or not is another issue.