UEFA has reopened the bidding process for stadiums to host the 2027 Champions League final, following the decision to strip Milan of the event. The San Siro was initially set to host the prestigious match, but after Milan officials were unable to guarantee that planned redevelopment work wouldn't interfere with the final, UEFA opted to withdraw the venue from consideration.

AC Milan and Inter Milan are exploring plans to construct a new stadium in the San Siro area. The host stadium for the 2027 Champions League final is expected to be revealed in May or June 2025.

This decision was made during a UEFA Executive Committee meeting on Tuesday, where adjustments to the organisation’s solidarity funding were also approved.

The ‘big five’ European leagues – the Premier League, La Liga, Ligue 1, Serie A and Bundesliga – agreed to have their solidarity payments capped at 10m euros (£8.3m) per season up to and including 2026-27.

This is an increase of 1.5m euros on the previous cycle, but there are now 308m euros (£256.3m) to be shared rather than 177.2m euros (£147.4m) in the previous cycle.

The funds are allocated to clubs not participating in European competitions.

“Such funds are meant to support competitive balance across Europe’s top division leagues, where some clubs benefit from additional revenue streams due to European competition participation,” Uefa explained.

At Tuesday’s meeting, UEFA also approved its women's football strategy for 2024 to 2030. However, the specifics of the strategy have yet to be disclosed.