"Yesterday, news arrived that the signing of the San Siro deed had been delayed. However, there is no need to panic, with AC Milan and Inter remaining calm. We are getting ever closer to the deadline for the San Siro deal, but no one is panicking around the clubs. Instead, all parties remaining focused on the task at hand, and not becoming worried over nothing."
"Calciomercato.com reports that the expectation was for things to be finalised yesterday or today, but they will now finalise the documents at some stage next week, which remains ahead of the November 10 deadline. Neither the clubs nor those at Palazzo Marino are at fault for this delay, though. Instead, it is the time required to obtain financial guarnatees. Before the deal is signed, the Municipality must receive around €100m from the banks."
Signing of the San Siro deed has been delayed, but AC Milan and Inter remain calm and focused. The clubs are approaching the November 10 deadline without panic. Finalisation of documents is now expected next week after initial hopes for yesterday or today. The delay stems from the time needed to secure financial guarantees rather than fault of the clubs or Palazzo Marino. The Municipality must receive around €100m from banks before signing can occur. Clubs anticipated this requirement and set an earlier internal deadline to allow an extra processing window given the project's high stakes.
Read at SempreMilan
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