Università d’Italia article Universidad di Roma (Udinese) announced on Tuesday that its home will be demolished due to “economic necessity” in the face of a proposed $5.8 million development project, which the club’s board had been working on for two years.

“We’ve decided to demolish our home, as the project is in the interest of our shareholders, not the people of Udinese,” Udinese president Maurizio Berlusconi told Udinese-owned news outlet Rai Sport.

“This is not a decision we took lightly, but we have to do this as a necessity.

I’m convinced that the project will lead to the demolition of the stadium.

We have to protect the people and not to destroy them.”

The news has come as a blow to Udinese’s owners, who had hoped to have the project approved by the city council in March, with a final decision expected to be made by the end of May.

Berlusciacone also told Rai Sport that the club had been in talks with developers in the last couple of months, but “the process is stalled”.

“We have not been able to reach an agreement with the developers,” he added.

“As a result, we have decided to do it.”

In June, Berluscio confirmed that the Udinese club would relocate to another city in order to find a suitable alternative home for the club, which has been based in Udinese for decades.

“There is nothing to stop us moving,” he said at the time.

“Our fans are our strongest asset.

We’re not afraid of a change in our future, as we know that this is the best option for us.”

Udinese play their home matches at Udinese Stadium in Udine, a former home of the Juventus football club.

It is the home of Udini’s first two Serie A titles, the last of which came in 2011.

The club’s last league title came in 2013, when the team beat Parma 2-0.

Udinese, which was founded in 1896, finished sixth in Serie A in 2016-17, after losing out to Inter Milan in the Champions League.