New Stadium

[Adriano@10]

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.

Just for the record that seems to be bulshit and/or bad reportig from marca.....
Atleast the numbers from ths swift concert seem highly questionable

Politics and football doesn't mix, eh?

It mixes the moment politicians can make money from it or gain votes through it.

 

[Forzanerazzurri]

Just for the record that seems to be bulshit and/or bad reportig from marca.....
Atleast the numbers from ths swift concert seem highly questionable


It mixes the moment politicians can make money from it or gain votes through it.

It's not good optics to build a new stadium when the true need is more affordable housing for all of our replacements that have invaded us in the last decade.

 

[Gal]

It's not good optics to build a new stadium when the true need is more affordable housing for all of our replacements that have invaded us in the last decade.

Oh please… Italy still have a smaller percentage of people of none European decent then majority of the country north from them.

Most of those are leaving Italy when the chances arrives, we all know they aren’t exactly dreaming of staying in southern Europe, their goal is getting to Northern and Western Europe as it has been for decades.

Also what is the relevance of it?

 

[ADRossi]

I feel like we're conflating two different points. Building a stadium using public money is ALWAYS a horrible idea and does nothing for the economy. A private company building a stadium, and funding it themselves, is a different story.

 

[CafeCordoba]

I feel like we're conflating two different points. Building a stadium using public money is ALWAYS a horrible idea and does nothing for the economy. A private company building a stadium, and funding it themselves, is a different story.

Yeah. And owners always want to get into the public money, because, why not? If they can get money for free, they'll take it. Very typical in American major (team) sports leagues, where franchises gets moved between cities because some won't give money for new stadium/arena building, and then some will.

As for Inter, I'm mostly curious how the business-side of the new stadium would really look like. Like, how it would be financed. Would it generate so much money it would finance itself over let's say few 2-3 decades?

 

[Gal]

You rarely get public funding for stadium projects in Europe, perhaps the infrastructure leading to it but that is after all also mutual beneficial. For example getting a metro line to that area will only benefit the attractiveness for the area.

If public money goes into it, it’s usually meant the administration get a percentage of the stock, annual rent or its a loan. So it’s not just going to be some gift in majority of cases, for that to happen it’s because it’s viewed as beneficial for the city to have the facility, it’s not like US where teams are travelling circuses and to get a team require that you bring gift too them as teams aren’t moving away as they are locally rooted.

The places where we see this is when some rich bloke build something for the public, and then grant it to the public either entirely or partially, this can then be subtracted from tax.

Another place is when private companies takes over tasks from the public sector or build or construct or deliver too the public sector.

So while the premises is correct they like to get into the public coffers it really depends what it is, if it’s possible.

 

[Puma]

I hate this thread: 229 pages of red tape bureaucracy and being led down the garden path by Sala who is a complete fuck'n cunt.

Meetings upon meetings upon meetings and Inter are unable to go beyond refurbished concrete.

 

[Adriano@10]

Yeah. And owners always want to get into the public money, because, why not? If they can get money for free, they'll take it. Very typical in American major (team) sports leagues, where franchises gets moved between cities because some won't give money for new stadium/arena building, and then some will.

As for Inter, I'm mostly curious how the business-side of the new stadium would really look like. Like, how it would be financed. Would it generate so much money it would finance itself over let's say few 2-3 decades?

I dont think we re trying to get public funding the problem here is that the san siro and the surroundings are owned by the city and they would have to give us that space for a symbolic price. Thats one of the main issues also they declared san siro a historic building which mans we cant do much n terms of renovation.
On the other hand the city built a rather new metro line to the san siro which wont really be needed if you dont have at least one of inter/bbilan playing there. Same goes for the stadium which they now realized which is why they are so against both the new stadium projects.

 

[wera]

It mixes the moment politicians can make money from it or gain votes through it.

I was being sarcastic. Obviously politics and football are linked even more than just "how to make money". But we already had this discussion here and I don't want to contribute to too much offtopic that's been going on lately.

I absolutely think a modern stadium in Milano of all places, would generate enough money to pay for itself in about 25 years. Seeing how big the prices are for a Taylor Swift show, I'm sure 2 concerts per month are enough to slowly get back the money invested.

 

[DARi0]

A report in the Italian press reveals the details behind the San Siro renovation project that WeBuild presented to Inter Milan and AC Milan

Even though each club embarked on its own plans to build a separate stadium on the outskirts of Milano, the city mayor Giuseppe Sala is still keen to keep the two clubs at the Giuseppe Meazza.

Therefore, he authorized WeBuild to come up with a plan to renovate the stadium.

According to La Repubblica, the building company have presented the two clubs with a detailed project explained in 280 pages.

WeBuild are hoping to begin the construction phase in January 2025. This would allow them to finish the project by January 2029. Nevertheless, the newspaper feels that the company is too optimistic in this regard.

As the source explains, the works will not interrupt the two clubs’ playing schedules. It will only cause the closure of some sections of the stadium, allowing Inter and Milan to play their home matches at San Siro in front of their home crowds, albeit with a reduced capacity.

Nevertheless, WeBuild are planning intensive work over the summers. Therefore, this could prevent the stadium from hosting summer concerts and other social events as per custom.

The report also reveals that the cost of the operation should reach around 350 million euros.

In the end, WeBuild is aiming to present a stadium with a total seating capacity of 70,500 seats. This would be lower than the current capacity of 75,800.

Nevertheless, the project intends to raise the number of premium seats, in addition to adding sky boxes.

Mayor Sala is expecting Inter and Milan to hand their definitive answers in two to three months. The two clubs will decide whether or not they wish to embark on this project

 

[Forzanerazzurri]

I was being sarcastic. Obviously politics and football are linked even more than just "how to make money". But we already had this discussion here and I don't want to contribute to too much offtopic that's been going on lately.

I absolutely think a modern stadium in Milano of all places, would generate enough money to pay for itself in about 25 years. Seeing how big the prices are for a Taylor Swift show, I'm sure 2 concerts per month are enough to slowly get back the money invested.

Your plan is to repay the 1.5bn euro stadium with Taylor Swift concerts?

 

[wera]

Concerts bring a lot of money. I'd rather get money from that than let Milan build a stadium and do the same thing before we do.

 

[Bergpavian]

You can't really compare a national stadium with the stadium of a big club, but we have a similar discussion in Austria. The ÖFB (our football association) wants a new stadium for our national team. The Ernst-Happel-Stadion is owned by the city Vienna and its roof is protected as a historic monument. So it can't be teared down. And then the city also argues the stadium is good enough because concerts there are financing the football games anyway.

 

[Adriano@10]

Concerts bring a lot of money. I'd rather get money from that than let Milan build a stadium and do the same thing before we do.

Yeah but we re building a football stadium and you make the most money in a football stadium as a football club while playing football.....
Concerts are a nice to have and will have concerts in our stadium wheter we build in milano or just outside of it wether we stay in the san siro or not and wether we build with bbilan or not.

 

[wera]

If we own the stadium, we get the money from concerts. That's the difference.

 

[Adriano@10]

If we own the stadium, we get the money from concerts. That's the difference.

Ahhh damn completly missed your point....
Anyways as far as I m concerned we have to own the stadium or at least co own it with bbilan under no circumstances should we agree to any deal that consists of the city owning the stadium and us just playing there as is now.

 

[Gal]

not being owner in your own house is certainly the worst possible solution

 

[DARi0]

Minister for Sport Andrea Abodi admits it is ‘mortifying, but true’ to say it is ‘impossible to build new stadiums in Italy’ without a big event and even EURO 2032 is proving difficult.

 

[Cocksman]

not being owner in your own house is certainly the worst possible solution

not necessarily. You share the costs or lack of costs.

 

[Il Drago]

https://twitter.com/x/status/1821876525332910100