As featured on NewsNow: Football news

AC Milan stadium plans hit by cash crisis

AC Milan have hit financial crisis.

Milan owner Silvio Berlusconi is in the process of selling the club to Chinese investors.

La Repubblica says plans to build a new stadium are on hold due to a €92m loss registered in December 2014.

It's emerging it would be cheaper and simpler to co-ordinate with Inter Milan in sharing San Siro and restructuring the arena, especially with news the Metro line will be extended to give the stadium its own stop.

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