AC Milan, Inter Confirm Plans to Demolish San Siro and Build New Stadium

Two of the giants of Italian soccer confirmed plans on Monday to demolish the San Siro Stadium in Milan and replace it with a new, state-of-the-art stadium in the upcoming years.

AC Milan and Inter Milan, two huge names in the world of soccer, might be rivals, but they do share a stadium. Their presidents confirmed plans on Monday to demolish the 80,000+ seat stadium that is nearly a century old and to replace it with a more modern facility.

AC Milan chairman Paolo Scaroni stated on Monday, “We’re building a new stadium near the old one. San Siro will be demolished and there will be new buildings in its place.”

The current stadium has hosted massive events, including countless matches of the Italian National Team as well as nine World Cup games, 3 Euro games, and two Champions League Finals.

While it might be time to move on from the aging concrete structure, the new digs won’t be cheap. The plan for the new stadium suggests that the price tag for the new stadium will exceed $800 million.

An iconic soccer stadium is set to go away, but AC Milan and Inter hope that their new cathedral will be just as magical as the current one.