Big congrats to AC Milan, as they have been given the green light to begin plans for a new stadium complex to be ready for the 2018-19 season.
The Fondazione Fiera in the city has at last given the all-clear to the Rossoneri to allow them to take over the Portello area of the city, right next to their modernised Casa Milan headquarters, where they plan to construct a new arena.
Joint-CEO Barbara Berlusconi welcomed the news and is keen to model the new location on modern London stadia, promoting the use of public transport for supporters attending matches.
She is also excited for the financial benefits of the move, which she believes could total an income of between €50 million and €80m every year.
"This is the first historic step to make Milan like London," Berlusconi said to reporters.
"Today, with the decision of the Fondazione Fiera, we can officially begin the journey towards our new stadium. It is the first step, as we still need to present the entire project to the institutions for approval.
"This is still an historic day. Ours is foremost a cultural challenge. It is for Milan that we are proposing an urban stadium, to favour the development of the area that will play host to us, to make it more secure and a symbol for the city, to completely change the mentality of those who come to the stadium by providing services and entertainment that go beyond the 90 minutes of the game.
"At the same time, we will work to discourage private transport and favour public transport. Milan, as such, will be like London.
"In fact, London also has urban stadiums that are reached via the underground system and have allowed the areas where they were constructed to be improved.
"It's also indispensable for developing the commercial power of the club. The stadium will bring from €50m to €80m per year.
"These are resources that can also be used to buy new players."
Milan hope to have their new purpose-built 48,000-seater stadium ready for the start of the 2018-19 season.
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