Milan Municipality Opens Standard Investigation Into Inter Milan’s Proposals For San Siro
The City of Milan Prosecutor’s Office has launched an exploratory investigation into the sale of Stadio Giuseppe Meazza after Inter Milan proposed plans to renovate the ground and surrounding area.
According to SportMediaset, and as reported by FCInterNews.it, the investigation, coordinated by Deputy Prosecutor Tiziana Siciliano, head of the Public Administration Crimes Department, and Prosecutor Marcello Viola, has been registered under model 45, with no allegations of crimes or suspects, to assess whether there could be any potential damage to public finances from the sale procedure of the stadium.
Inter and rivals AC Milan had submitted the documentation regarding the feasibility plan and their purchase offer for the stadium and surrounding areas to the Municipality of Milan, and the documents were approved through a resolution outlining the steps for the next phase.
The amounts involved in the sale are reported to be approximately €124 million for the area, in addition to €72 million and €980,000 for the stadium itself. However, €80 million, which the Municipality will need to cover for the removal of demolition debris and environmental clean up, will be subtracted from these figures.
The investigation highlights the growing scrutiny surrounding the future of San Siro, as both clubs continue their plans for redevelopment or relocation, while ensuring that public funds remain protected throughout the process.
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