Overview
- Inter and AC Milan unveiled the proposal Thursday at a gala in Milan, showing a Foster + Partners and Manica design for a 71,500-seat arena to be called the Generali Stadium.
- Clubs say the build will be backed by owners RedBird and Oaktree and a reported 20-year Generali naming-rights deal worth about €650 million, while published construction estimates differ and reach roughly €2.3 billion in some reports.
- Organizers presented a notional timeline that proposes construction start in 2028 with opening around 2031–2032, and they say most of the century-old San Siro would be demolished subject to municipal approvals.
- The unveiling provoked protests outside the event and widespread ridicule online, with supporters arguing the plan risks erasing a stadium opened in 1926 that is central to Milan’s football culture.
- Clubs framed the project as a large mixed-use redevelopment of about 281,000 square metres including green space, retail, hotels and museums, and said the new arena would host concerts, rugby, NFL Europe fixtures and matches at Euro 2032.