Milan have negotiated over site with deadline for plans set for March.
Serie A giants AC Milan and Inter Milan have reportedly decided to end their cohabitation of San Siro with the Rossoneri looking to move by 2017, according to Football Italia.
Speculation has linked the Milan giants with a switch to a different stadium for years, with both currently missing out on a significant source of income and revenue as the council own San Siro.
As a result, neither Milan nor Inter receive all the income from ticket sales and game-day sales at the stadium, while they have also been unable to exploit all the possible commercial aspects of owning their own arena.
Juventus were the first team to break the commonplace practice of council-owned stadia in Italy, and have continued to dominate with the knowledge that they will reap the long-term benefits that it will provide.
It is understood that Milan have been working over the past six months on their plans which will see a new stadium built six kilometres to the north-west of the city, where the Fiera Milan exhibition is currently based and where Expo 2015 will be held.
Arexpo, formed by city authorities to buy the land confirmed Milan’s initial interest back in November of last year, and they have set a deadline of March 14 for proposals to be put forward for the construction of a stadium on the site.
According to SportMediaset and Il Giorno, Milan will put forward their proposal with a view of beginning construction after the Expo 2015, with work to be completed in time for the 2016-17 season.
Meanwhile, Inter are expected to remain at San Siro and will renovate the stadium which is set to host the 2016 Champions League final.
It had previously been reported that it was more likely that the Nerazzurri would leave first to pursue their own stadium, however, it appears as though Milan have the plans in place to do so as Barbara Berlusconi continues to help the commercial side of the organisation grow.