Paolo Scaroni, AC Milan president, has explained that it was necessary to demolish the San Siro, so as to generate more revenue for the club and Inter.
Both Milan giants agreed last month to rebuild a new stadium, and the two clubs officially announced the plans on Wednesday, and also presented the plan to the municipality of Milano.
They are both looking at building a stadium worth $1.3 billion, which is expected to be ready in 2023.
Scaroni has disclosed that it was expedient to bring down the facility to make more money.
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“In times of Financial Fair Play, it is fundamental to increase revenues. If Arsenal earn 120 million euros per year from the stadium, Inter and Milan cannot remain at 40,” he told Corriere della Sera .
“The San Siro demolition? It is necessary. Thinking of letting 50,000 people enter a construction site every three days gives us the creeps. Unless you do it like Atalanta who went to Reggio Emilia but where could we go from Milan?
“Will the project be completed? Here we are not in Italy, here we are in Milano and this is a project of general interest and things will be done.”