""The San Siro deal would be structured in three steps, tied to the project phases, as is customary for real estate transactions of this scale. "First, a bridging loan to be repaid in two or three years, which would cover the stadium's purchase price (€197m) and related expenses [including the costs of the design entrusted to Foster + Partners and Manica]."
""Second, a large-scale loan to be agreed in the coming years - around 2027, when construction is expected to begin - which should cover almost the entire cost of building the new San Siro, estimated by the two clubs at around €1.5bn. "Finally, a final long-term refinancing agreement to be agreed around the inauguration of the new stadium, which, according to rumors, could be largely funded by private debt.""
"AC Milan and Inter are ready to take a crucial step toward their new stadium: finalising the purchase of San Siro and the surrounding areas from the City of Milan. According to Milano Finanza (via MilanNews), the deed could be transferred on Thursday October 30 or the day after. However, it's possible it could be postponed until early November, in order to get the final details in order."
AC Milan and Inter are preparing to finalise the purchase of San Siro and surrounding areas from the City of Milan, with the deed potentially transferred on October 30–31 or early November. The final deed must be completed by November 10 to avoid a constraint that would prevent demolition. Financing is planned in three phases: a €197m bridging loan to cover purchase and design costs, a large construction loan around 2027 estimated at €1.5bn, and long-term refinancing near stadium inauguration. Several banks, including foreign institutions and Banco BPM, have shown interest in the bridging loan.
Read at SempreMilan
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