Overview
- The project was publicly presented on Thursday at Castello Sforzesco and confirmed the stadium will be called Generali Stadium, with Foster + Partners and MANICA as designers and a capacity of about 71,500 seats.
- Clubs say the overall development budget is about €2.3 billion with roughly €708 million earmarked for the stadium core and a long‑term naming package for Generali reported in the region of €600–650 million.
- Key design and fan features include two continuous tiers with 37° curved stands, a fixed roof that covers the spectator bowls but not the pitch, rooftop photovoltaics, extensive acoustic insulation, and a large increase in premium hospitality (about 8,000–13,000 places) including a glass 'Tunnel Club'.
- Milan and Inter aim to open the new stadium for the 2031–32 season to be eligible for Euro 2032 venues, but the exact ground‑breaking date is unresolved in reporting, with sources citing either mid‑2027 or 2028 and permitting and financing drawdowns still to be finalised.
- Plans call for phased demolition of most of the Giuseppe Meazza after the new arena opens, keeping a south‑east 'L' fragment as a memorial, salvaging tens of thousands of seats for reuse or distribution, and carrying out remediation and tunnel works required by the city.