San Siro Sale Signing Delayed As Inter Milan AC Milan Race November Deadline
San Siro Sale Signing Delayed As Inter Milan AC Milan Race November Deadline

San Siro Sale Signing Delayed As Inter Milan AC Milan Race November Deadline

News summary

The official sale of San Siro stadium and surrounding areas to the joint company owned by Inter Milan and AC Milan has been postponed to November 4 due to technical banking delays, specifically the transfer of approximately €100 million to the municipal treasury. This amount includes the initial payment for the purchase, VAT, and part of the clubs' pre-existing debts to Milan city. The delay is not attributed to either the clubs or the Milan City Council but stems from logistical complications in the banking process. Both clubs are racing against a critical deadline of November 10, after which heritage protection rules will restrict demolition and redevelopment of the stadium. While sources emphasize the delay is purely technical and short, the looming deadline adds tension to a process already marked by years of bureaucracy and political challenges. The signing is seen as a significant step toward the long-awaited redevelopment of the historic stadium.

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