Doesn't Torino council has the right on Delle Alpi stadium?
What is point of rennovating the stadium that doesnt belong to you?
Solving the problem regarding the stadium right should come first and foremost before renovating the stadium into new one.
As a side note, I think it was a wise move by the board to temporarily procrastinating the decision on stadium renovation. If Italia win a bid to host Euro, I can see a lot of government money being up for grabs to improve the quality of stadia in Italia.