AC Milan President Paolo Scaroni has outlined the club`s vision for a new stadium, citing Tottenham Hotspur, Real Madrid, and Arsenal as inspirational examples. The Rossoneri, along with city rivals Inter Milan, are targeting 2030 for their inaugural match in the new venue.
Scaroni emphasized the financial benefits of modern stadiums, noting that the aforementioned clubs more than doubled their revenues in the first year of operating their new facilities. He stated, “To remain competitive in sports, we need a state-of-the-art stadium. We anticipate a significant increase in revenue, not from raising ticket prices for fans, but through enhanced corporate hospitality packages and premium seating options.”
The new stadium project is not just about immediate financial gains. Club owner Gerry Cardinale, through his RedBird Capital Partners, views this as a long-term investment in AC Milan`s future. Scaroni clarified, “There`s no connection between building the new stadium and any plans to sell the club. Cardinale is committed to AC Milan for the long haul, and the stadium is a crucial part of our strategy to strengthen the club`s position in European football.”
Recent developments have seen AC Milan and Inter Milan receive approval to purchase the San Siro area. Construction is slated to begin in 2027, with plans to demolish most of the current Stadio Meazza. This move signifies a new era for both Milan clubs, aiming to enhance their global competitiveness through modern infrastructure and increased revenue streams.
As Italian football looks to keep pace with its European counterparts, AC Milan`s stadium project represents a significant step towards modernizing Serie A`s infrastructure and business model. The club`s leadership is betting on this new facility to not only boost finances but also to cement AC Milan`s status as a leading force in European football for years to come.