The sale was made possible after Milan's mayor, Beppe Sala, agreed to sell the land to the two clubs. This decision is a crucial step towards the construction of a new stadium, which is planned to be completed by 2031.

The new stadium is intended to be a world-class facility that meets international standards. Both AC Milan and Inter are looking forward to the next steps in the process, which will lead to the creation of a new architectural icon for Milan and a symbol of football fans' passion worldwide.

The clubs expressed their satisfaction with the council's decision, stating that it marks a historic and decisive step for their future and the city. They are now looking to build a stadium that will become a new landmark for Milan and a source of pride for fans globally.

The new stadium is expected to be ready in time for the European Championship in 2032.