Sunday, May 10, 2026

AC Milan and Inter Milan Announce $733M Stadium

  • In 2019, AC Milan and Inter Milan announced plans to rebuild a new stadium to replace the historic but antiquated San Siro.
  • The project will cost about $733 million.
Nuovo Stadio Milano/Design: Alex Brooks

In 2019, AC Milan and Inter Milan announced plans to build a new stadium to replace the historic but antiquated San Siro. The project that will cost about $733 million.

Yesterday, the clubs settled on a design. They chose architecture firm Populous’ plan — a sprawling blueprint called “The Cathedral.”

The new stadium will be “groundbreaking in terms of innovation and sustainability,” the clubs said. Between a greenery area outside the stadium and water and electricity technology, the clubs say the stadium will be both carbon-neutral and LEED-certified.

The project will also include a pedestrian-only district “dedicated to sport and leisure.”

Populous touts a long resume with stadium development. It led plans for the main stadiums at the Sydney 2000 and London 2012 Summer Olympics, Yankee Stadium, Emirates Stadium, and Tottenham Hotspur Stadium, among others.

Upgrades Galore

The project is just one of several European soccer stadiums slated for major renovations or replacement.

  • Members of FC Barcelona approved a $1.69 billion project to upgrade Camp Nou. 
  • Real Madrid has been in the midst of a $700 million project to renovate the Bernabeu.

The trend also follows that of NFL stadiums in the U.S., where reports of requests for new billion-dollar stadiums continue to surface.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Trump Rips NFL Streaming Costs: ‘Killing the Golden Goose’

U.S. President Donald Trump once again hit out against the NFL.
NFL Referee Carl Cheffers signals a penalty during the Buffalo Bills game against the Cincinnati Bengals at home in Orchard Park on Jan. 22.

NFL and Refs Ratify New 7-Year CBA

The seven-year deal eliminates the need for replacement officials.
Apr 23, 2026; Pittsburgh, PA, USA; NFL commissioner Roger Goodell holds a Terrible Towel during the 2026 NFL Draft at Acrisure Stadium.

All Eyes on Networks, Streamers as NFL Readies Schedule Release

The highly anticipated slate will drop on Thursday.

Ex-Ohio University Football Coach Sues School Over Firing

Smith admitted to having a romantic relationship with an undergraduate.

Featured Today

Matt Palumb

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit
May 7, 2026

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League
May 5, 2026

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.
April 21, 2026

Illinois Lawmakers Race to Advance $5B Bears Stadium Plan

State legislators race against the clock as a stadium decision nears.
April 22, 2026

Royals’ New $3B Stadium Lands Downtown, but Not Where Expected

The MLB club strikes a large-scale development deal with Hallmark Cards.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Apr 4, 2026; Kansas City, Missouri, USA; Kansas City Royals center fielder Lane Thomas (15) celebrates in the dugout after scoring during the seventh inning against the Milwaukee Brewers at Kauffman Stadium.
April 17, 2026

Kansas City Okays $600M for New Royals Stadium

The MLB club must still complete the rest of its stadium financing plan.
Apr 10, 2026; Kansas City, Missouri, USA; Kansas City Royals shortstop Bobby Witt Jr. (7) throws to first base during the seventh inning against the Chicago White Sox at Kauffman Stadium.
April 14, 2026

Royals One Step Closer to New Kansas City Stadium

The MLB club receives support from two key votes.
April 6, 2026

Chicago Mayor Pushes for Rejected Downtown Bears Stadium Site

Despite the team’s focus on suburban options, city leaders continue their efforts.
April 6, 2026

Rays Return to Rebuilt Tropicana Field, but Bigger Questions Remain

As the club’s current ballpark is restored, new stadium plans are developing.