Milan have produced plans for a new 48,000-seat stadium which they hope to build in time for the start of the 2018-19 season.

The project, which is estimated to cost between €300m and €350m, would involve the club leaving the city-run 80,000-seat San Siro its longstanding home, which it shares with city rivals Inter. Unlike the council owned San Siro, the new ground will be run by the club.

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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.

“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.”