AC Milan and Inter Milan have revealed the shortlisted designs for their new 60,000-seat stadium.
The two clubs decided not to renovate the iconic San Siro due to the cost associated and the time it would have taken to complete.
A renovation would have taken around five or six years and cost around £452million.
Their new stadium will be more expensive, in the region of £576million, but will take just three years to complete.
AC Milan chairman Paolo Scaroni revealed in June that a new 60,000-seat stadium will be built next to the San Siro and two potential stadium designs were revealed this week.
The Cathedral design draws inspiration from the Duomo di Milano church in the heart of the city with some environmentally friendly features including rainwater harvesting, zero emissions and solar panels.
American company Populous are behind this concept and are the ones who designed Tottenham’s new state-of-the-art stadium.
The second design is labelled ‘The Rings of Milano’ and would change colour depending on whether AC or Inter are playing.
Plans also include a large skyscraper next to the stadium.
“AC Milan and FC Internazionale have shared a stadium in San Siro for more than 70 years,” said AC Milan chairman Paolo Scaroni.
“The project’s strength is the two club’s commitment together for the new Milano stadium.
“It means increased investments and a common goal to give the city a sports and entertainment district which is alive all year round thanks to events involving both teams and creating jobs for more than 3,500 people.”
The clubs hope to open the new stadium for the start of the 2022/23 season.