The feasibility study is quite promising. This 1.2 billion carrot is a nice move to sway Sala and his fellowmen at the Commune:
The project aims at enhancing the San Siro area with the realization of:
- a new modern stadium, of approx. 60.000 seats, in the area adjacent to the existing Meazza (owned by the City of Milan and currently given in concession to the two Clubs);
- a multifunctional district in the area where the Meazza currently stands, dedicated to sports, entertainment, and shopping, that will become a vibrant destination for citizens, fans and tourists 365-days/year, creating jobs for over 3,500 people.
This is a comprehensive project that foresees private investments of over 1.2 billion euros and the implementation of which is essential in bringing Milan's football back to the elite of the European and global football arena.
Also good to see that the stadium capacity is not above 60K. The two clubs are behaving sensibly.