The Giuseppe-Meazza Stadium which is also known as the San Diego, has been put up for sale by the Mayor of Milan, Giuseppe Sala, for a fee of €70m.
The owner, Milan Municipality through the Mayo, Giuseppe Sala, wants to do away with the famous stadium that has been the traditional home ground of AC Milan and Inter Milan in their domestic and European games.
However, both Inter and Milan have declined the opportunity to buy as they feel that the cost of the works would be high. Rather they both have opted for a new stadium to be built on the San Siro parking lot, accompanied by a real estate project which will cost around 1.2 billion euros.
According to the Mayor, the San Siro will still be operational in seven years to host the opening ceremony of the Winter Olympics 2026.
By Chineze Ogugua