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The new Bologna stadium project in Italy aims to complete a financing structure of around 300 million euros to host the 2032 European Championship, with a deadline of September 30th for submitting official applications. The project is expected to involve a government contribution of between 25 and 30 million euros and relies on a mix of bank loans, government grants, and investing partners. The focus is on creating a multi-purpose facility beyond just football matches, generating year-round revenue through events, concerts, and exhibitions. The project will be situated in Bologna’s exhibition area and is expected to have a capacity between 34,000 and 45,000 spectators, with expandable seating through retractable floors and movable roofs. Meanwhile, the Sabuto family group is restructuring its global assets, prioritizing strengthening its presence in Canada and the United States while reducing investments in other markets, aiming to support the project's financing and ensure its financial sustainability.
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