• Sat. Sep 21st, 2024
   

GREAT NEWS: Milan deposits certificates as 660,000 m² of land is owned by San Donato.

The evidence keeps contradicting AC Milan's involvement in their goal to construct a new stadium in San Donato.

The evidence keeps contradicting AC Milan’s involvement in their goal to construct a new stadium in San Donato.

Milan will deposit the certificates of completion for the purchase of additional land to the Council of San Donato in the coming days, according to reports from the press agency ANSA (via MilanNews). This indicates that the project will have a surface area of roughly 660,000 m² altogether.

Simultaneously, in cooperation with the State Police, the degraded and frequently unlawfully occupied land will be cleaned and fenced off for the PII Variation project that the club filed.The evidence keeps contradicting AC Milan's involvement in their goal to construct a new stadium in San Donato.

Although the exact amounts are unknown, Calcio e Finanza was able to view records that show the costs are around €20 million. To be more exact, the sum is €17,237,000, or over half of the €40 million that RedBird, the main shareholder, made available for costs associated with the new stadium.

In summary, Milan completed the acquisition of additional land in the San Francesco region to expand the project after acquiring SportLifeCity, a former business that had approved plans to build on the land in San Donato.

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