The two Serie A clubs presented the plans on Thursday, 29 October 2026, revealing an ambitious project designed to preserve the atmosphere associated with San Siro while delivering a new experience for supporters.
The stadium will be designed by Foster + Partners and MANICA, led by renowned British architect Norman Foster and stadium specialist David Manica. Construction is expected to begin in 2028, with the first match targeted for the 2031/32 season, subject to the necessary approvals.
A new stadium inspired by San Siro's atmosphere
The proposed Generali Stadium will have a capacity of approximately 71,500 spectators, slightly below San Siro's current capacity of around 75,000.
Its design will feature a distinctive concrete X-frame structure and a sweeping double-curved roof. The two-tier seating arrangement will form a continuous 360-degree bowl, with the stands behind the goals rising at inclinations of up to 37 degrees.
The architects have placed particular emphasis on bringing supporters closer to the pitch and preserving the intense atmosphere associated with the famous Curva Nord and Curva Sud.
David Manica explained that the design team wanted to carry the emotional identity of San Siro into the new venue rather than simply reproduce its physical appearance.
The roof will also incorporate acoustic features intended to amplify the sound of supporters, while photovoltaic technology and natural ventilation will contribute to the stadium's sustainability objectives.
Generali secures naming rights
The new venue will be known as Generali Stadium following a naming-rights partnership with the Italian insurance and asset management group.
Generali will also become the official insurance partner of both clubs, with the agreement forming part of a wider commercial relationship.
The stadium is expected to host more than football matches, with facilities designed to accommodate rugby, American football and concerts, making it a destination for sporting and entertainment events throughout the year.
€1.2 billion project to transform Milan
The stadium project is estimated to cost approximately €1.2 billion and forms part of a wider 281,000-square-metre urban regeneration development.
The surrounding area is expected to include public spaces, green areas, leisure facilities and retail destinations, creating a district that will remain active beyond matchdays.
Inter and AC Milan previously completed the acquisition of San Siro and its surrounding land for €197 million, paving the way for their shared stadium project.
The new development is intended to strengthen both clubs' commercial opportunities and provide infrastructure capable of supporting their long-term sporting ambitions.
San Siro's future
San Siro, officially known as Stadio Giuseppe Meazza, opened in 1926 and has become one of the most recognisable football venues in the world.
It has hosted generations of football history, including major domestic fixtures, European nights and international tournaments. However, the clubs believe a modern facility is necessary to improve matchday services, hospitality, accessibility and revenue opportunities.
The historic stadium is expected to be largely demolished once the replacement project approaches completion. Inter and AC Milan will continue using San Siro while construction takes place.
The new venue is also being developed with Italy's hosting of Euro 2032 in mind, although its eventual inclusion in the tournament will depend on the relevant approvals and selection process.
A new chapter for Inter and AC Milan
The unveiling of Generali Stadium represents an important milestone in the long-running efforts by Inter and AC Milan to secure a modern shared home.
While the new design seeks to preserve the atmosphere that has made San Siro special, it also reflects the clubs' ambition to increase their commercial competitiveness and create a stadium capable of serving supporters for generations.
If the current timetable is maintained, Generali Stadium will welcome its first match in the 2031/32 season, opening a new chapter in the history of Milan's two football giants.