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San Siro Sale Probed: Tax Police Raid Milan Council

Summary

  • Tax police searched Milan city council offices regarding San Siro sale.
  • Investigation focuses on alleged bid-rigging and disclosure of secrets.
  • Stadium sold last year to clubs for 197 million euros.
San Siro Sale Probed: Tax Police Raid Milan Council

Milan's city council offices were searched by tax police on Tuesday as part of an ongoing investigation into the sale of the San Siro stadium. This action is linked to a probe into allegations of bid-rigging and the disclosure of official secrets. The 100-year-old San Siro stadium, home to both AC Milan and Inter Milan, was sold by the city council to the two Serie A clubs last year. The sale was approved for 197 million euros, allowing the clubs to proceed with a 1.5-billion-euro redevelopment plan for the area. Prosecutors are examining whether the sale was structured to favor private interests over public good. The investigation also involved searches at the offices of M-I Stadio Srl, a company jointly managed by the two clubs, as well as the homes and offices of former city councillors and managers connected to the clubs. This inquiry is reportedly an offshoot of a broader investigation into urban planning that led to arrests last year.

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Property Code: 5571