San Siro sale to Inter and Milan under investigation, as offices raided | OneFootball

The sale of San Siro to Inter and Milan has run into yet more controversy after Italian financial police raided the Milan city council’s offices when investigating the €200m deal.

The two clubs had been trying for a decade to purchase the land under the existing Stadio Giuseppe Meazza to build their own arena, but after multiple attempts and failed other projects, they eventually got the go-ahead in November 2025.

That doesn’t mean there aren’t still problems, because many in the local authorities and politics are still trying to block the demolition of the stadium.

San Siro sale subject of new investigation

MILAN, ITALY – MARCH 08: A general view of the Giuseppe Meazza Stadium San Siro ahead of the Serie A match between AC Milan and Inter at Giuseppe Meazza Stadium on March 08, 2026 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)

This morning, officials from the Italian financial police raided the Milan city council’s offices as part of an investigation on suspicion of bid-rigging and collusion.

Computers and mobile phones were among the items seized, with nine individuals under investigation including ex-Inter CEO Alessandro Antonelli and Giuseppe Bonomi, president of Sport Life City, which is run by AC Milan.

The suggestion is that they passed on secret information and worked behind the scenes to favour the purchase by Inter and Milan, creating unfair competition with other options.

MILAN, ITALY – NOVEMBER 23: General view outside the San Siro stadium prior to the Serie A match between AC Milan and Juventus at Stadio Giuseppe Meazza on November 23, 2024 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)

Milan and Inter are not under investigation, but there were searches at M-I, the company jointly owned by the two clubs that was set up to manage the stadium.