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Milan rivals agree shared stadium plan, likely at San Siro

FC Internazionale v FC Barcelona - UEFA Champions League Group B

MILAN, ITALY - NOVEMBER 06: A general view inside the stadium prior to the Group B match of the UEFA Champions League between FC Internazionale and FC Barcelona at San Siro Stadium on November 6, 2018 in Milan, Italy. (Photo by Emilio Andreoli/Getty Images)

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MILAN (AP) AC Milan and Inter Milan have agreed to work on a shared stadium project, and prefer “complete renovation” of their city-owned San Siro home.

In a statement, Inter Milan says a shared stadium “will serve in the best interests of all stakeholders.”

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The agreement was announced after talks with Milan Mayor Giuseppe Sala about redeveloping land around the 80,000-capacity Giuseppe Meazza Stadium. The clubs have shared it for 71 years.

Italian clubs typically rent publicly owned venues, despite Serie A champion Juventus and rivals in other countries generating more income from owning their stadiums.

Inter’s statement says a task force should make progress this year “evaluating several possible options, including a complete renovation of the existing San Siro stadium.”