A new stadium had previously been on the Nerazzurri's agenda, but the 68-year-old believes they can make their old home profitable once more with renovations
The Nerazzurri have long been expected to move away from the 90,000-seater venue, which has attracted dwindling numbers in recent times, with the growing perception that the arena, which opened in 1926 and was last renovated in 1989, has become dated.
However, according to the Inter president, there could be plans afoot to again refurbish the ground rather than build a new stadium from scratch as he believes their current home could become "beautiful" again.
"There is a nice project [in the pipelines] for San Siro. It can become a beautiful stadium again and bring a financial return. There is an immediate need for a new facility," Moratti told Gazzetta dello Sport.
Moratti then admitted to holding talks with Indonesian tycoon Erick Thorir, who has reportedly tabled an offer in the region of €300m to purchase the club, but was quick to add that there were other interested parties too.
"The main topic we discussed was how to take the club forward, but the Indonesians are not the only ones [looking to buy the club], there are others," he added.
"I'll see who else comes forward and whether or not we can take an important step in regards to selling Inter shares."