It was an historic day in Milan as Inter and AC Milan officially unveiled plans for a new stadium that will replace the iconic San Siro, which has served as the shared home for both clubs since the late 1940s. The new venue, named “Generali Stadium” following a €650 million ($725 million) naming rights agreement with the Italian insurance company over 20 years, is slated for completion by the 2031-2032 season, coinciding with Italy and Turkiye’s joint hosting of the UEFA Euro 2032 tournament. Construction is expected to begin in 2028, with the current San Siro remaining operational until the new stadium opens.

According to a joint statement from both clubs, the 71,500-seat arena is designed to honor football’s most legendary atmospheres while establishing new benchmarks for the modern fan experience. The ambitious architectural vision comes from Foster + Partners and MANICA, the firms behind London’s Wembley Stadium redesign. The structure will feature a distinctive X-frame design and sweeping double-curved roof, positioning it as Milan’s future architectural landmark.

The project represents a defining investment by RedBird and Oaktree Capital, the ownership groups of AC Milan and Inter respectively, aimed at strengthening sporting competitiveness and shaping the next era of Italian football. The stadium’s two-tiered design creates a continuous 360-degree bowl with exceptional sightlines and immersive fan engagement. The iconic Curvas at either end rise as single, steep walls of support, tilted up to 37 degrees to amplify atmosphere and visual drama.

Courtesy of Inter and AC Milan

The design pays homage to Italian engineering heritage and the intricate craftsmanship of Milan’s Duomo, while advanced acoustic engineering ensures crowd energy remains central to the matchday spectacle. Enhanced accessibility, modern hospitality zones, and diverse seating options—from premium experiences to family sections—will welcome fans of all generations.

Maintaining their unique tradition dating back to the late 1940s, both clubs will continue sharing their new home arena. This decision follows years of stalled development attempts, culminating in the Milan City Council’s 2025 approval for the sale of the current San Siro to the two clubs. As Italian football faces broader infrastructure challenges, the Generali Stadium positions both clubs to compete financially with Europe’s elite while marking the end of an era at one of sport’s most storied venues.

Courtesy of Inter and AC Milan

Beyond football, San Siro has hosted landmark cultural moments including the 2026 Winter Olympics opening ceremony and legendary concerts by artists such as Bob Marley, the Rolling Stones, David Bowie, Michael Jackson, Madonna, Taylor Swift, U2, and Bruce Springsteen—who once called it his second home. While a new chapter begins, the legacy of the 98-year-old stadium will endure in football history.

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