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Report San Siro fails UEFA inspection to be EURO 2023 host venue
Report San Siro fails UEFA inspection to be EURO 2023 host venue

Yahoo

time3 days ago

  • Sport
  • Yahoo

Report San Siro fails UEFA inspection to be EURO 2023 host venue

It is reported that the Stadio Giuseppe Meazza at San Siro failed the UEFA tests to be a host venue for the upcoming EURO 2032 tournament. According to multiple sources, the initial inspection of the structure found inadequacies and it would not currently be given the all-clear to stage matches for that competition. It is a huge problem for Italy, who are co-hosting the tournament with Turkey, as they are already struggling to find five stadiums that fit the bill. San Siro was one of few firm choices for EURO 2032 The reports state that Inter, Milan, the FIGC, UEFA and Mayor of Milan Beppe Sala were all involved in the encounter where the bad news was passed on. The city of Milan would otherwise be perfect for hosting, as it is one of the main transport hubs in the country. Italy need to give UEFA a list of five venues by October 2026, with work starting at the latest in March 2027. With that in mind, this could represent a boost for Inter and Milan, who continue to maintain a new stadium has to be built in what is effectively the car park of the current San Siro arena, as soon as possible. The problem is that everything risks grinding to a halt after the start of an investigation into Mayor Sala, prompting some to call for all his projects to be stopped until there is further clarity.

Milan mayor placed under investigation in property planning probe
Milan mayor placed under investigation in property planning probe

Straits Times

time3 days ago

  • Business
  • Straits Times

Milan mayor placed under investigation in property planning probe

Find out what's new on ST website and app. FILE PHOTO: Milan's Mayor Beppe Sala and his partner Chiara Bazoli arrive for the opening night of the La Scala opera house in Milan, Italy, December 7, 2021. REUTERS/Flavio Lo Scalzo/File Photo MILAN - The mayor of Milan has been placed under investigation, three sources said on Thursday, caught up in a probe into the dealings that have helped to underpin a real estate boom in Italy's financial capital over the last 10 years. The investigation into Mayor Beppe Sala comes after prosecutors on Wednesday sought the arrest of Milan's councillor for urban planning, the head of real estate firm Coima and four others. According to three sources with knowledge of the matter, Mayor Sala, who heads a centre-left coalition in the city, is among dozens of people under investigation. He is accused of concealing a conflict of interest relating to the appointment of a chairman of a municipal commission that grants building permits. He is also allegedly among those who put pressure on that same chairman to unblock the authorisation of a building project in the city. His spokesperson did not respond to a request for comment. The probe on the mayor was first reported by three Italian newspapers. In a comment published by Corriere della Sera newspaper on Thursday, Sala denied any wrongdoing and said he found it "shocking that the mayor should learn from a newspaper that he is under investigation and not from prosecutors. It is unacceptable". The scandal risks embarrassing Milan as the city prepares to co-host the 2026 Winter Olympics next February. The ruling centre-right parties, who govern at national level under Prime Minister Giorgia Meloni, have called for Sala's resignation. Two of the sources specified that the investigations into the mayor's position are still in their early stages and are not close to any conclusion, expressing regret that the news had become public. The Milan property market began flourishing in 2015, when the Expo international exhibition helped to transform the city into a hot spot for developers from Italy and abroad, reshaping its skyline. But complaints from local residents objecting to a sharp increase in the number of multi-storey buildings triggered investigations into alleged abuses in the fast-tracking of building permits, stalling construction activity. According to court documents, prosecutors said investigations related to the largest urban planning projects in Milan, "have brought to light a 'system'...whose purpose is to facilitate the issuance of illegal building permits and to carry out highly speculative real estate transactions". REUTERS

Report – Regional Administrative Court Hands AC Milan & Inter Decisive San Siro Boost
Report – Regional Administrative Court Hands AC Milan & Inter Decisive San Siro Boost

Yahoo

time4 days ago

  • Business
  • Yahoo

Report – Regional Administrative Court Hands AC Milan & Inter Decisive San Siro Boost

AC Milan and Inter Milan's bid to build a new state-of-the-art venue in the San Siro area has received a pivotal boost. According to Calcio e Finanza via FCInterNews, the Regional Administrative Court has ruled in their favor. Advertisement Indeed, the TAR reviewed the Meazza Committee's appeal to suspend the sale process earlier today. After a careful evaluation of the request, the judges rejected it, clearing the way for the sale. Therefore, the redevelopment can move forward as planned, with the San Siro project destined for success. AC Milan & Inter Bid to Buy San Siro Handed Major Boost MILAN, ITALY – APRIL 23: General view outside the stadium prior to the coppa Italia Semi Final match between FC Internazionale and AC Milan at Stadio Giuseppe Meazza on April 23, 2025 in Milan, Italy. (Photo by) With the Meazza Committee now out of the way, Milan and Inter can proceed with their plans. Furthermore, confidence is at an all-time high following strong backing from Milan's mayor, Beppe Sala. The Serie A giants expect to complete the purchase of San Siro and the surrounding areas by the end of the month. Indeed, July 31 is the target date for finalizing the deal. As things stand, the city of Milan will soon have a stadium it deserves.

Milan Mayor Confirms ‘Negotiations Are Progressing' With Inter Milan & AC Milan On San Siro
Milan Mayor Confirms ‘Negotiations Are Progressing' With Inter Milan & AC Milan On San Siro

Yahoo

time6 days ago

  • Business
  • Yahoo

Milan Mayor Confirms ‘Negotiations Are Progressing' With Inter Milan & AC Milan On San Siro

Milan Mayor Confirms 'Negotiations Are Progressing' With Inter Milan & AC Milan On San Siro Milan Mayor Beppe Sala confirms that 'negotiations are progressing' with Inter Milan and AC Milan for the sale of the San Siro land. Sala spoke to reporters, via FCInterNews, giving an update on the state of negotiations. Advertisement Inter Milan and AC Milan are aiming to buy the land around the San Siro from the city of Milan. The club's ambition is to build a new stadium adjacent to the existing structure. Inter and Milan have long wanted to build a new stadium. They feel that it is necessary to keep their infrastructure and revenues competitive with the biggest clubs in Europe. Having initially planned to try and demolish the San Siro and build in its place, Inter faced a number of bureaucratic hurdles. Therefore, the clubs considered plans to build individually outside the city. But now, the Nerazzurri and the Rossoneri have decided to try and build a stadium adjacent to the existing one. Advertisement Milan Mayor Sala Confirms: 'Negotiations Are Progressing' With Inter & AC Milan MILAN, ITALY – APRIL 23: General view outside the stadium prior to the coppa Italia Semi Final match between FC Internazionale and AC Milan at Stadio Giuseppe Meazza San Siro on April 23, 2025 in Milan, Italy. (Photo by) Milan Mayor Beppe Sala commented that 'clearly no one wants to give anything away for free.' 'And clearly, the teams have to look after their own interests,' he added. 'Today, its very hard to get everything done. There's a desire on my part, and on the part of the other politicians, to move forward.' 'But there are a lot of obstacles,' Sala warned. 'I'm just concerned about whether or not we can reach an agreement that's in our mutual interest,' the Mayor said. He clarified that 'the interest of the city administration isn't so much cash flow as the public interest.' Advertisement 'While the interest of the clubs is to balance their books.' 'I hope we can reach an agreement,' said Sala. 'But we're still negotiating.' 'Some councillors have raised objections to the sale price, which has been certified by the Revenue Agency and the University.' 'They've said that if we were to sell and make a quick profit, the municipality should be entitled to a return,' Sala said.

Beppe Sala Issues Ultimatum To AC Milan Amid Ongoing San Siro Talks With Inter & Rossoneri
Beppe Sala Issues Ultimatum To AC Milan Amid Ongoing San Siro Talks With Inter & Rossoneri

Yahoo

time02-07-2025

  • Business
  • Yahoo

Beppe Sala Issues Ultimatum To AC Milan Amid Ongoing San Siro Talks With Inter & Rossoneri

Beppe Sala has reportedly issued an ultimatum to AC Milan amid the city's talks with Inter and the Rossoneri for the San Siro sale. Per La Repubblica via FCInterNews, the Milan mayor has outlined the municipality's final request before sanctioning the deal. Advertisement AC Milan and Inter have been in talks over the purchase of San Siro and surrounding areas for months. Despite the club's confidence in getting the deal over the line, the process has proved long and arduous. Beppe Sala Sends AC Milan Final San Siro Ultimatum MILAN, ITALY – APRIL 23: General view outside the stadium prior to the coppa Italia Semi Final match between FC Internazionale and AC Milan at Stadio Giuseppe Meazza on April 23, 2025 in Milan, Italy. (Photo by) Unlike Inter Milan, AC Milan have a backup plan in case talks with the city go sideways. Indeed, Oaktree Capital is hellbent on building a state-of-the-art stadium in the San Siro area. On the other hand, Milan owners RedBird have devised a 'Plan B.' Instead of focusing only on purchasing San Siro, they've thought about constructing a new venue in San Donato. However, Beppe Sala has urged the Rossoneri to drop that idea as the deadline approaches. One way or another, the resolution is on the horizon.

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