The Milan City Council has finally agreed to long-term requests from Inter and Milan to renovate the Giuseppe Meazza stadium.
The improvements to the stadium are due to be completed by 2020 at a cost of approximately €15 million.
A council press release stated:
‘The technical committee for the use and management of the Giuseppe Meazza Stadium and related services have approved the annual routine maintenance programme and plan of work for extraordinary maintenance and innovation of the stadium, to be carried out by June 2020.
‘It confirmed the annual relaying of the pitch, plus other procedures, such as the lighting of entrances, a new operations centre for police, sealing of the first tier, redevelopment of electrical systems and rebuilding the first-tier toilets.
‘The stands and executive boxes in the first tier will be modernised, plus there will be a new lounge for the club museum, increase in commercial spaces, construction in the red stand’s first tier of a fourth executive box and new media areas, as well as the renovation of the square outside the stadium.’
The proposed changes are nice, but will not solve the machday revenue issue that both Milan clubs face. The San Siro does not generate enough revenue. Despite drawing 353,000 fans more than Juventus last season, Inter still managed to bring in $119m less in matchday revenue. Even when you take into account the fact that Juventus played more cup games last season (Champions League and Coppa Italia) that is still a huge gap.