Franchi, Fiorentina to invest 101 million in stadium in exchange for 60-year concession
The city council invested 200 million euros in Recovery Fund (PNRR) money to modernise the Franchi stadium, but the funds have run out. To complete the work, Fiorentina is stepping in, paying 101 million euros in exchange for a 60-year concession over the facility. Maintenance of the stadium would remain the responsibility of the city council.
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