Serie A TIM: AC Milan and Inter agree to work on a "modern, state-of-the-art stadium" together

"FC Internazionale Milano SpA and AC Milan SpA (Serie A TIM) announced the signing of a memorandum of understanding formalising their willingness to work together on the project for a modern, state-of-the-art stadium," announced the two Milan clubs on 09/11/2018.

"An infrastructure adapted to current standards is paramount to delivering a world-class fan experience, as well as on-and-off-the pitch success. The clubs believe that a shared stadium will serve in the best interests of all stakeholders from a financial, administrative and technical perspective, and are evaluating several possible options, including a complete renovation of the existing San Siro Stadium (78,328 capacity, also called the Stadio Giuseppe-Meazza, property of the city of Milan)," said the clubs after meeting with Giuseppe Sala, Mayor of Milan, to discuss the possibilities on 08/11/2018.

"A joint task-force to analyse all options accordingly has also been established. The clubs aim to conclude an initial evaluation phase by the end of the year, in order to commence the technical and administrative activities…