Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Milan stadium plans clear major hurdle

08 July 2015, 10:56

Milan - AC Milan have cleared a major hurdle in their plans to build a new stadium after their bid to acquire the city's former trade fair grounds was approved by the foundation which owns the land.

Milan, who currently share the ageing municipal San Siro stadium with rivals Inter Milan, are planning to build a 48,000-capacity arena in time for the 2018-19 campaign.

"It is the first historic step," said club director Barbara Berlusconi in a statement published on Milan's website on Tuesday night.

"The decision of the Fondazione Fiera Milano (Milan Fairs Foundation) is the start of the path which, in our intention, will lead to a new stadium."

"It is a first step because we will have to submit the entire project to the institutions for approval."

Berlusconi predicted that the stadium would bring in between 50 million euros ($55 million) and 80 million euros a year in extra revenue.

"It will completely change the mentality of those who go to the stadium, offering services and entertainment not only for the 90 minutes of the game," she said.

"It is essential for the commercial development of the club."

Juventus and Udinese are the only Serie A clubs who own their own stadiums while others use municipal arenas, a situation they complain deprives them of extra revenue.

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!

- Reuters


WRAP: English Premiership

23 October 2016, 09:33

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...

Submitted by
William Korir
Mudavadi given permission to join...

Musalia Mudavadi has been ghranted permission by his party to join the CORD Coalition. Read more...

Submitted by
Victor Tinto
EACC officers raid Deputy Governo...

EACC officers raided the home of a Deputy Governor as theft case continues in court. Read more...