Overview
- The notarial deed was signed on 5 November, transferring San Siro and the surrounding areas from the City of Milan to AC Milan and Inter.
- The clubs paid an initial €73 million and secured financing coordinated by Goldman Sachs and J.P. Morgan alongside Banco BPM and BPER Banca.
- Bank documents reported by Il Messaggero detail €354.1 million in facilities structured at roughly 95% debt and 5% equity, including €73 million for the stadium and a €124.1 million deferred price for adjacent land backed by a guarantee.
- Milan prosecutors are investigating alleged ‘turbativa d’asta’ in the sale process, and promoter Claudio Trotta was heard as a witness regarding claims the public notice effectively excluded alternative bids.
- Foster + Partners and Manica have been tasked with designing a new stadium of about 71,500 seats that envisions demolishing the current Meazza after completion, with the closing accelerated before a 10 November heritage constraint and conditioned on permits and works such as the Patroclo tunnel.