The Associated PressMILAN (AP) — AC Milan and Inter Milan formally want to build a new stadium. The 2026 Olympics looks set to lose its intended opening ceremony venue.
The storied Milan soccer clubs jointly asked city officials Wednesday for permission to go ahead with a 60,000-seat stadium replacing the iconic, publicly owned San Siro.
The clubs said they plan to pay for a $1.35 billion project to become a “sports, entertainment, and shopping” hub creating 3,500 jobs.
“This is a comprehensive project that foresees private investments of over €1.2 billion,” the clubs said, adding it was “essential in bringing Milan’s football back to the elite of the European and global football arena.”