New Stadium

[NimAraya]

The message is clear:

Accept San Siro as your shared stadium for the next 100 years.

 

[Stefan]

When American capitalist come they dream of new shiny stadiums then they run into the immovable object that is Italian bureaucracy.

That is why Italy is and will continue to lag far behind.

 

[Gal]

As I wrote I’ll be 90 before anything happens… Italian conservative backward looking politician and Italian bureaucracy will make sure of that, they never get its a matter of financial health for Italian football and they are signing a death penalty on it by constantly blocking any sort of development.

And Italians wander why they had so many issues financially the last 30 years, this is why… Basically why Southern Europe is in problems, bureaucracy and lack of trust

No wander we are seeing a more and more divided Europe, where some countries are running away from the others financially

 

[CafeCordoba]

As I wrote I’ll be 90 before anything happens… Italian conservative backward looking politician and Italian bureaucracy will make sure of that, they never get its a matter of financial health for Italian football and they are signing a death penalty on it by constantly blocking any sort of development.

And Italians wander why they had so many issues financially the last 30 years, this is why… Basically why Southern Europe is in problems, bureaucracy and lack of trust

No wander we are seeing a more and more divided Europe, where some countries are running away from the others financially

I must comment there are other things in life and in Italy than just football. I don't know will new stadiums fix their problems in other parts of their lives, I would say no.

There are always people who oppose these kind of things and I can't blame them for that, since their priorities are elsewhere. Our priorities are in football, and our priority is a new stadium in a place, in a country most of us don't even live at.

New stadium or two in Milano won't fix anything for the ordinary people, let's be real here.

 

[Stefan]

I must comment there are other things in life and in Italy than just football. I don't know will new stadiums fix their problems in other parts of their lives, I would say no.

There are always people who oppose these kind of things and I can't blame them for that, since their priorities are elsewhere. Our priorities are in football, and our priority is a new stadium in a place, in a country most of us don't even live at.

New stadium or two in Milano won't fix anything for the ordinary people, let's be real here.

The bureaucracy of football is merely what we see. If it affects football this much it will as bad or even worse for other sections of the economy of Italy.

 

[Mikele]

I must comment there are other things in life and in Italy than just football. I don't know will new stadiums fix their problems in other parts of their lives, I would say no.

There are always people who oppose these kind of things and I can't blame them for that, since their priorities are elsewhere. Our priorities are in football, and our priority is a new stadium in a place, in a country most of us don't even live at.

New stadium or two in Milano won't fix anything for the ordinary people, let's be real here.

You are right. But, building something new, in this case stadium, can bring only positive thing to community. It will create new jobs for local people, new infrastrukture, more turist in that area, more money for municipality...

 

[Forzanerazzurri]

You are right. But, building something new, in this case stadium, can bring only positive thing to community. It will create new jobs for local people, new infrastrukture, more turist in that area, more money for municipality...

There are endless case studies of stadiums across Europe (and north America in particular) and they are almost never great investments and are far too often massive financial drains on societies and municipalities. They are obviously necessary for football but don't get the illusion that they are some cash cow given the insane capital expenditure they require upfront.

 

[Gal]

I must comment there are other things in life and in Italy than just football. I don't know will new stadiums fix their problems in other parts of their lives, I would say no.

There are always people who oppose these kind of things and I can't blame them for that, since their priorities are elsewhere. Our priorities are in football, and our priority is a new stadium in a place, in a country most of us don't even live at.

New stadium or two in Milano won't fix anything for the ordinary people, let's be real here.

The problem is that it is sticking much deeper then just that, as I also hint at. This is not just hurting sports teams, it also hurt every other part of society, it hinder any development on so many different layers. It hinder even starting up a company, doing things even on your own home. And when some hinder that, it means less job creation etc. less money that eventually go back into society and I can go on, at the end it also hurts the ordinary people and the economy of the country. So this isn’t just an obstacle for sport teams this is an obstacle even for normal people as well.

It’s a problem in every country with heavy bureaucracy, the alternative is a trust based system but there hardly none of that in Italy.

 

[Mikele]

There are endless case studies of stadiums across Europe (and north America in particular) and they are almost never great investments and are far too often massive financial drains on societies and municipalities. They are obviously necessary for football but don't get the illusion that they are some cash cow given the insane capital expenditure they require upfront.

Ok. So, what is solution? Stay at Meaca and somehow try to survive and be competetive with other clubs who have endless money to invest in their clubs. In this situation, we will hardly reach some big result in Europe. In 2023 we reach final. That happen after 13 years without any result in CL. Ok, we played good, but we also were very lucky.

 

[Forzanerazzurri]

Ok. So, what is solution? Stay at Meaca and somehow try to survive and be competetive with other clubs who have endless money to invest in their clubs. In this situation, we will hardly reach some big result in Europe. In 2023 we reach final. That happen after 13 years without any result in CL. Ok, we played good, but we also were very lucky.

You build the stadium because it's a necessary utility. Just don't expect it to contribute materially to overall income. In modern football it's broadcast and oversized sponsorships that drives the top clubs.

 

[Gal]

You build the stadium because it's a necessary utility. Just don't expect it to contribute materially to overall income. In modern football it's broadcast and oversized sponsorships that drives the top clubs.

That’s a half truth

The biggest income is commercial, commercial includes; sponsorship, Retail, Merchandising, Apparel & Product Licensing.

Second biggest is usually broadcast

Third is match day revenue

So I would not say it means nothing, it just means less than 15 years ago. 15 years ago it often made up about 30-50% (United was 40ish percent) of revenue, today it’s down to 10-20%. So while it’s true match day means less and less, largely due to globalisation, I would not say it’s doesn’t contributes, especially for less global and more regional brands.

Inter have huge issues on all fronts. It’s not just on the sponsorship side, as Inter simply don’t generate enough on Retail, Merchandising, Apparel & Product Licensing either. Broadcast is a laughing stock in Italy, but isn’t really of Inters making and little they can do to change this.

Inter is never going to get much out of broadcasting its just the truth of being located in the “wrong” country.

Italian teams also don’t have the same international appeal and it shows in Sponsor deal, Merchandising, Apparel & Product Licensing. While this can be improved on, it will be on a very very long horizon. Requires tremendous amount of work, as Inter does not have the necessary global appeal currently.

 

[Forzanerazzurri]

That’s a half truth

The biggest income is commercial, commercial includes; sponsorship, Retail, Merchandising, Apparel & Product Licensing.

Second biggest is usually broadcast

Third is match day revenue

So I would not say it means nothing, it just means less than 15 years ago. 15 years ago it often made up about 30-50% (United was 40ish percent) of revenue, today it’s down to 10-20%. So while it’s true match day means less and less, largely due to globalisation, I would not say it’s doesn’t contributes, especially for less global and more regional brands.

Inter have huge issues on all fronts. It’s not just on the sponsorship side, as Inter simply don’t generate enough on Retail, Merchandising, Apparel & Product Licensing either. Broadcast is a laughing stock in Italy, but isn’t really of Inters making and little they can do to change this.

Inter is never going to get much out of broadcasting its just the truth of being located in the “wrong” country.

Italian teams also don’t have the same international appeal and it shows in Sponsor deal, Merchandising, Apparel & Product Licensing. While this can be improved on, it will be on a very very long horizon. Requires tremendous amount of work, as Inter does not have the necessary global appeal currently.

Well the word I used was "material". The delta in matchday from this new stadium makes a bil euro in capex difficult to justify on its own. The focus of this stadium seems to be on revenue alone and not on the added utility which is the biggest benefit. Again, I am for the project, I just keep expectations realistic.

 

[Interis7a]

Even Marotta says that the own stadium is very important

 

[Nerazzurri_Ninja]

We need a new stadium but Giuseppe Meazza should not be knocked down.

 

[CafeCordoba]

There was a story about different revenue types and how stadium boosts other types like commercial ones, not just match day. Maybe even broadcasting?

Issue financially is the cost of the new stadium. Financing it requires banks/funds, obviously, meaning cost of financing is not irrelevant.

So building a new stadium would boost our revenues but how much? Would all the added revenues go to paying for the financing of the building operation?

 

[Gal]

We need a new stadium but Giuseppe Meazza should not be knocked down.

No one talks about knocking it down anymore

 

[Jnr]

Real Madrid earned 27 F****ing millions with 5 concerts. Taylor Swift and ..can't remember the other.

This is why Cardinale wants to pull it off. He's connected with all the superstar singers and sportsmen and teams.

Real Madrid is the role model here.

 

[Nerazzurri_Ninja]

Were gona host a monster truck rally

 

[wera]

Milan and Inter urged to ‘abandon fantasy projects’ of new stadiums​

Italy is a beautiful country ruined by politicians and their corrupt ways.

Politics and football doesn't mix, eh?

 

[DARi0]

Politics and football doesn't mix, eh?