Milan's Palazzo Marino set to chip in for new San Siro stadium

 MILAN - The first word of the day is “sharing.” Milan's Palazzo Marino (city hall) “will share” in the expenses for the project for AC and Inter Milan’s new stadium up to a maximum of 36 million euros that will be deducted at the end of the works from the initial figure of 197 million euros estimated by the revenue agency for the sale of San Siro and of the areas surrounding the stadium.

 If, and it’s an if as big as a house seeing seeing as the negotiation has not come to an end yet, they were to confirm the figure, the final spending of the teams would be 161 million euros. The other word of the day is earn out. If the teams were to have to resell in the first five years from the signing of the deed, they would have to return 50 percent of the capital gain to the community.

 Seeing that the investment of the clubs is around a billion euros, the Palazzo Marino would be able to set up its budget for the next five years.

 It falls to the deputy mayor Anna Scavuzzo, along with the solicitor Alberto Toffoletto to explain to the council members and to the Democratic Party delegates led by the secretary Alessandro Capelli, the contents of the deal. The final approval is still in draft form, but it will almost certainly be approved at the council on 11 September, at which will follow a series of commissions before its arrival in the meeting room.

 The nervous stomachs remain among the majority. On Thursday, the advisor Alessandro Giungi confirmed his vote against, not before dismissing some small matters after the talks in which he was labelled as “psychotic”: “As you can see, I am in complete control of my intellectual abilities and for this very reason I will vote against the stadium deal.”

 “Limits have been defined that will not be exceeded, and I would avoid talking about discounts, but instead of sharing” says the head of the Democratic Party, Beatrice Uguccioni accompanied by the president of the Urban Planning Commission, Bruno Ceccarelli.

 Specifically, the community will take charge of a maximum of up to 9 million euros for the restoration of green spaces that will, however, return to the ownership of the community and will become a public park. “If – continues Ugaccioni – the cost was to be, for example 20 or 30 million euros, the community will only chip in with 9 million euros.”

 The other matter that will see the presence of the community is the relocation of the Patroclo tunnel. In this case, the request arrived directly from Palazzo Marino to move the new stadium away from the houses on via Tesio. This also has a huge figure: 12 million euros. “If the Patroclo tunnel was estimated at a cost of 60 million euros, at most the community can contribute 12 million” confirms Ceccarelli.

 Finally, the demolition and relocation of the San Siro: a shared responsibility of 14 million euros. For a total of 36 million. Sums that will be deducted at the end of the works, that will proceed step by step.

 The first stage concerns the demolition and reconstruction of the Patroclo tunnel, the second the construction of the new stadium, the third the existing reallocation and the final part that concerns the green spaces that will increase and reach a figure of 52 thousand square meters.

 “For each one of these phases guarantees are provided and if the teams do not complete the works the community can gather them and decide what to do with the works” concluded Ceccarelli.

 “As the Democratic Party – continues Uguccioni – we asked for the complete respect of the boundaries for which the Democratic Party and the majority have been approved for in recent year and that they provide a capacity of 70,000 seats in the stadium and not 60,000 as the teams thought, that they respect the volumes, the issue of carbon neutrality, that cannot be compensated in other areas. There are all rules that we have lain down and from what emerged they have been put there by the council for the attention of the teams and there is complete openness.”

 However, the meeting on Thursday was only the first meeting that the deputy mayor Scavuzzo will have with the members of the majority to understand what will happen in the court.

 “I don’t want to make the count now – concludes Uguccioni – but I want the majority to deepen further; obviously to approve the document it takes numbers, and it is too soon to talk about this now.”

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