Overview
- A notarized deed signed on November 5 transfers San Siro and adjacent areas from the City of Milan to the two clubs.
- The sale price is €197 million based on a tax‑agency valuation, with a municipal contribution estimated at about €22 million.
- The transaction was closed ahead of a November 10 architectural protection order that would have constrained demolition of the stadium’s second tier.
- Financing runs through Stadio San Siro S.p.A., coordinated by Goldman Sachs and J.P. Morgan with Banco BPM and BPER Banca as partner banks.
- Milan prosecutors are investigating alleged bid‑rigging in the tender process and heard promoter Claudio Trotta, who says timing prevented alternative offers, as the clubs appoint Foster + Partners and Manica for the new stadium and area masterplan.