AC Milan President Claims New San Siro With Inter Milan Will ‘Drive Growth For The City’

The upcoming San Siro stadium project will be more than a football venue, it will serve as a catalyst for Milan’s economic and urban transformation, according to Paolo Scaroni, president of AC Milan.

Speaking to Moneta Magazine (via FCInterNews), Scaroni compared the project’s impact to two landmark regeneration schemes.

These are CityLife and Porta Nuova, which helped reshape Milan’s skyline.

“The new San Siro can represent the driving force behind Milan’s next phase of growth, much like CityLife and Porta Nuova,” Scaroni said.

“The socioeconomic impact will be significant. Construction alone will generate over €4.5 billion, with a return of €2.5 for every euro invested.”

He added that the Lombardy region would benefit from around €3 billion.

Therefore, including €950 million within the Metropolitan City of Milan.

Meanwhile, once operational, the stadium could “bring over €3 billion in annual value to the territory.”

Milan President Scaroni: “San Siro Project Creates Thousands Of Jobs, A Green District, And Shared Heritage”

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 Marco Luzzani/Getty Images)

Scaroni highlighted the project’s scale in employment and community renewal.

“During construction, more than 8,000 full-time jobs will be created, and over 16,000 in the operational phase. The project will give birth to an entirely new district, green, modern, and livable.”

Indeed, it will last three years, with completion scheduled in time for Euro 2032.

Once the new San Siro opens, the current Meazza area will be redeveloped.

It will become “a mixed-use hub featuring a hotel, club headquarters, shopping centre, and a shared museum for Milan and Inter.”

Scaroni concluded optimistically.

Click here to read article