Chinese firm 'in negotiations' over new Inter Milan stadium
Image: Inter Milan shares the iconic San Siro venue
China Railway Construction Corporation (CRCS) has confirmed that one of its subsidiaries is "in negotiations" over a proposed new stadium for Italian football club Inter Milan.
According to a statement, China Railway 15th Bureau Group Co. is in talks with parties such as Inter Milan itself over the development of the venue at San Donato in Milan.
A spokesperson for Inter Milan said the stadium is expected to be completed by 2017, while all parties will be involved in selecting sites and appointing the project team.
It comes after Internazionale Holding announced a group of Chinese investors had acquired a stake in the Serie A club - becoming the second largest shareholder.
The investors will be represented on the board by Kamchi Li, Kenneth Huang and Fabrizio Rindi with effect from October. CRCS is not thought to be part of the consortium.
Click here for the Internazionale Holding announcement and click here for the China Railway Construction Corporation announcement.
Image: Bergpavian
Community Activator Coach Apprentice
Membership Advisor
Customer Service Advisor
GP Exercise Referral Instructor
Swim Manager
Food and Beverage Manager
Activity and Wellbeing Coordinator
Team Leader
Membership Advisor
Food & Beverage Assistant
Company profile
Directory
Featured Supplier
Property & Tenders
Company: Lee Valley Regional Park Authority
Company: Newmark
Company: EiA Real Estate
Company: Savills
Company: University of Oxford