AC Milan vice president Berlusconi hopeful of moving into new stadium by 2020

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AC Milan vice president Barbara Berlusconi said on Friday the club’s hierarchy is hopeful the Italian giant will have its own stadium by 2020.

Milan has played its home games at the Stadio Giuseppe Meazza, commonly known as the San Siro, since the stadium opened in 1926. Milan neighbors and rivals Inter Milan became co-tenants in 1947, a time when the city gained ownership of the club.

Though the area of Milan where the new stadium will be built is not yet known, Berlusconi said Friday that “the work on the stadium continues, the plastic model is almost ready. We are awaiting important answers from the bureaucracy in the first six months of 2015. The dream is to complete it by 2020.”

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Bersculoni was quick to state that the finances going into the building a new stadium won’t be an issue for the club or city.

“There are no economic problems whatsoever: there are many companies interested in the project.”

San Siro was recently confirmed as the host venue for the 2016 UEFA Champions League final and will undergo a number renovations ahead of the European club showpiece.