"AC Milan and Inter are hoping to sign the deed for San Siro on Tuesday, November 4th, according to a report this morning. There has been a lot said about the stadium recently, and with it being delayed, there has probably been a few left concerned. However, it seems that the delay will only be a minimum one, leaving a lot of time before the deadline comes into effect."
"As was reported this morning, the financials of the deal just need to be sorted now, with the issue not with either of the clubs, nor those at Palazzio Marino. Instead, it regards the payment of almost €100 million. Initially, the first payment was due to be around €73 million, but with VAT, fees and past debts, it rises to that figure, which will be paid bank in installments."
"Now, Il Giornale (via MilanNews) reports that the deal for the stadium should be completed on Tuesday, November 4th - which is way before the actual deadline. Any further delays would add massive risk to the situation, so this is the date that is being targeted. There are no worries about meeting this later deadline, though, so it should just be a case of plain sailing now."
AC Milan and Inter hope to sign the deed for San Siro on Tuesday, November 4. The stadium project has faced delays but the postponement appears minimal, leaving time before the deadline. Financial issues remain the primary outstanding matter, centered on a payment approaching €100 million. The first payment was originally about €73 million, but VAT, fees and past debts raise the total to nearly €100 million. The payments will be handled by a bank and made in installments. The targeted completion date is well before the actual deadline, and further delays would increase risk.
Read at SempreMilan
Unable to calculate read time
Collection
[
|
...
]