FP
Fakayejo Paul
AC Milan and Inter Milan have officially presented their joint plans for a new state-of-the-art 71,500-capacity stadium, officially named the Generali Stadium.
The landmark project—unveiled at Milan’s Castello Sforzesco by ownership groups RedBird Capital Partners and Oaktree—signals the definitive end of the iconic San Siro (Stadio Giuseppe Meazza) in its current form.
Record-Breaking €650M Naming Deal
- Partnership:Italian insurance giant Generali has acquired the stadium’s naming rights in a historic deal running through 2052.
- Value:The contract is valued at €650 million (approx. €26m–€32.5m per season), making it one of the most lucrative venue naming rights agreements in global sport history.
Architectural Design & Project Timeline
- Architects:Designed by renowned firms Foster + Partners and MANICA (collaborators on Wembley Stadium), taking visual inspiration from Milan’s iconic Duomo.
- Capacity:Fixed at 71,500 seats, featuring steep stands close to the pitch and a sweeping double-curved roof.
- Construction Schedule:Construction is targeted to begin in 2028, with official completion slated for the 2031/32 season.
- San Siro Fate:Following the purchase of the surrounding municipality land, San Siro will be partially demolished, with key structural elements preserved and incorporated into a wider modern leisure and commercial district.