MILAN (AP) — AC Milan and Inter Milan passed a major hurdle in owning their own stadium after the city council approved the sale of San Siro to the clubs early Tuesday after a nearly 12-hour overnight debate.

The vote to sell the existing stadium and the surrounding areas was passed 24-20 at about 3 a.m.

The clubs plan to tear down the 99-year-old stadium and jointly build a new 71,500-seat arena.

The San Siro stadium and the surrounding area have been valued at 197 million euros ($233 million), according to Italy’s tax agency.

The sale will have to be finalized before Nov. 10, when the second tier — which was completed 70 years ago on that date — takes on historical significance and would become almost impossible to tear down.

Last week the clubs announced agreements with architectur

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