NEWS
Wednesday May 20 2015
Milan stadium decision imminent?

A final decision on Milan’s proposed new stadium in the Portello area will reportedly arrive on May 30.

The Rossoneri are seeking to move away from San Siro and build a stadium of their own, with plans for a 48,000 seater arena costing up to €300m.

Now Tuttosport reports that a final decision from Fondazione Fiera, which owns the land in question could come on Saturday May 30.

The Diavolo are competing with bids from real estate group Prelios, who are seen as their main rivals, as well as a VitaliStam, a consortium of French and Italian investors.

The newspaper believes that while Milan are confident of their bid succeeding, a potential sticking point could be a local Citroen dealership, which would be demolished under the plans and has just renewed its lease for a further 18 months.

The Turin-based sports daily does report, however, that joint-CEO Barbara Berlusconi is convinced that funding will be in place for the project, which is seen as vital to reviving the club’s fortunes.

The Rossoneri need only look down the A4 to Turin for an example of this in action, with Juventus having secured four consecutive Scudetti since moving to their own ground, Juventus Stadium.

image via Gazzetta dello Sport