• Milan post video showing plans for new €300m stadium • Would mean an end to their San Siro groundshare • Milan’s problems grow after Coppa Italia defeat

This article is more than 5 years old

This article is more than 5 years old

Milan have unveiled tentative plans for a new 48,000-seat stadium with a retractable roof to open for the 2018-19 season.

The club posted a video featuring a model of the two-tier arena to be built next to the club’s recently opened headquarters in the Portello-Fiera area of the city.

AC Milan (@acmilan) The official video of the scale model of the new #ACMilan stadium in the Portello - Fiera Milano City area. https://t.co/7kRbflkVdV

The project, which would cost between €300m and €350m, would involve the club leaving the city-run 80,000-seat San Siro it shares with rivals Internazionale. The new ground will be run by the club, and will be feature a hotel, parking areas, and restaurants.

The architect, Emilio Faroldi, told Gazzetta dello Sport: “We were inspired by the Emirates Stadium in London and the stadiums of Basel, Bilbao and Neuchatel.

AC Milan (@acmilan) Here are the first pics of the “New AC Milan Stadium” in the Portello-Fiera Milano City area, Pavilions 1 and 2 ©ARUP pic.twitter.com/MmTheEYbx4

“We approached the project developing the basic themes of this work: we are talking about environmental sustainability, the concept of a smart urban arena that is easily reached by public transport, and it is low impact. A stadium, also, that identifies itself more like a building, like a piece of the city, and not as a business machine to be activated exclusively for a sporting event once a week.

“Scientific research, through a series of studies, tells us clearly that the role of the arenas in Europe and in the world is gradually changing. The stadiums are no longer meant only as a place for sporting events, although open all week, but as a useful piece to reorder the urban outlook of a city, a neighbourhood.”

Final approval is expected in March.