Inter and AC Milan have unveiled plans for a new 71,500-seat stadium, named Generali Stadium, to replace the historic San Siro. The Italian insurance company Generali secured naming rights in a deal worth €650 million ($725 million) over 20 years.
The new arena, designed by Foster + Partners and MANICA, is scheduled to be ready for the 2031-2032 season, with construction starting in 2028. The current San Siro, built in 1926, will be demolished only after the new stadium is operational.
Key design features include an X-frame structure, a sweeping double-curved roof, a continuous 360-degree bowl with two seating tiers, and steep Curvas at each end with inclinations up to 37 degrees to enhance atmosphere. The stadium aims to set a new standard for fan experience and acoustic design.
The project represents a major investment by the clubs' owners, RedBird Capital (AC Milan) and Oaktree Capital (Inter), intended to strengthen competitiveness and increase match revenues to match European rivals. The two clubs will continue their unique tradition of sharing a home stadium, which began in the late 1940s.
The Milan City Council approved the sale of San Siro to the clubs in 2025, paving the way for the new development. San Siro has hosted iconic events beyond football, including the opening ceremony of the 2026 Winter Olympics and concerts by artists such as Bob Marley, the Rolling Stones, David Bowie, Michael Jackson, Madonna, Taylor Swift, U2, and Bruce Springsteen.
Inter announced the project on social media on October 29, 2026, marking the start of a new era while acknowledging the legacy of the old stadium.
