Inter and AC Milan have confirmed that they have today made significant progress in the development of their new stadium project via a press release.

The release confirms that the two clubs agreed to reduce their demands for the total volume needed to build their new stadium project as far as the stadium itself and planned commercial area is concerned.

The two clubs met with the Milan city council earlier on today and have reduced their demands from 180,000 square metres and have struck an agreement with the Milan city council on the basis of the area for the above two things being 145,000 square metres.

The press release also confirms that the total volume of the project, including the stadium, commercial area and green and public areas, will total 220,000 square metres.

The president of AC Milan Paolo Scaroni, chief executive of Inter’s business side Alessandro Antonello and Milan city councilors Pierfrancesco Maran (Urban planning) and Roberta Guaineri (Sport) were present at the meeting.