Torino FC’s Stadium Breakthrough: Potential Sale and New Ownership

Torino FC President Urbano Cairo recently hinted at the possibility of selling the club to “someone richer and more capable.” This prospect has become more feasible due to recent developments regarding the Stadio Olimpico.

Turin’s Mayor, Stefano Lo Russo, has formally requested the cancellation of the mortgage on Stadio Olimpico Grande Torino, which has been in place since 2005. With the current lease set to expire on June 30, 2025, and the mortgage potentially being lifted, the stadium could become available for purchase.

According to Tuttosport, once the mortgage is cancelled, the stadium could realistically be sold, opening up opportunities for developing a sports complex around the venue. The city is prepared to consider various options for the stadium’s future, including:

• A new long-term lease agreement
• Sale of surface rights (99-year ownership)
• Public-private partnership (minimum 30-year duration)

The relevant authorities are ready to receive expressions of interest from Torino FC or other parties, in preparation for a public tender once the mortgage is cleared.

It’s likely that Torino FC will purchase the stadium at a favorable price in the coming months. The club’s Chief Operating Officer, Alberto Barile, stated, “We acknowledge the city administration’s efforts and maintain a positive relationship with them. We’ll see how the situation develops.”

This development could make Torino FC more attractive to potential buyers, opening up possibilities for investments from major international entities. Red Bull, for instance, has been linked with the club in the past. Ultimately, the decision to sell rests with Cairo, who could choose to retain ownership for years to come.