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Banco BPM has officially stepped in as the financial guarantor for the joint operation that will see Inter and Milan purchase San Siro and surrounding land from the City of Milan.

According to Calcio e Finanza reports, the Milan-based bank has issued a first-demand guarantee worth €124.07 million.

This, therefore, covers the instalment payments tied to the stadium’s total €197 million sale price.

The guarantee ensures that, in case of default, Banco BPM would pay the due amounts directly to the Municipality within 15 days of request, without prior recourse to the clubs.

Final Steps Being Taken For Inter & Milan San Siro Purchase

The transaction, to be formalised early next week under notary Filippo Zabban, covers the “Grande Funzione Urbana San Siro” estate.

This includes the stadium itself and roughly 280,000 square metres of surrounding development land.

This financial step marks a decisive milestone toward completing the long-awaited San Siro purchase.

This provides stability and reassurance to Palazzo Marino over payment security.

The final signing, originally delayed by technical banking procedures, remains scheduled for Tuesday.

Therefore, paving the way for the joint Inter–Milan newco to officially take ownership.

This article first appeared on SempreInter.com and was syndicated with permission.

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