Certainly, everything smiles at Real Madrid. Undeeped for the moment this season, the Madrid club has also just won a legal showdown. Indeed, the European Commission has definitively closed the file involving Real Madrid and the town hall of Madrid concerning the 2011 town planning agreement linked to the development of the Cuatro Torres area. The Merengues were pointed out because they would have received illegal public aid. The residents of the Santiago-Bernabéu stadium had been forced to pay the sum of € 20.3 million to the municipality. But this file was examined again and it was proven that no preferential treatment had been granted to Real Madrid. The Florentino Pérez club communicated the news.
“Real Madrid CF would like to express its satisfaction at the decision of the European Commission, which considers that the regularization agreement signed with the town hall of Madrid in 2011” does not constitute state aid “, concluding as well as the doubts which had motivated the opening of the file were duly raised. The European Commission recognizes in its final decision that no preferential treatment or any aid; were not granted to Real Madrid. The European Commission expressly recognizes that the compensation provided for in the 2011 agreement was the most advantageous solution for the town hall of Madrid in order to resolve the breach of which our club was the victim for more than a decade. This compensation was established due to the sudden impossibility of yielding plot B-32, located in Las Tablas, Real Madrid, which was a commitment resulting from the 1998 agreement. The European Commission also recognizes that the evaluation of said B-32 plot of Las Tablas, included in the 2011 agreement, in accordance with the cadastral methodology and the criteria for assessment of applicable regulation, was correct, and that the evaluation system entrusted by the commission to an architectural firm in Barcelona, which served as the basis for the initial conviction of 2016, was wrong. All the assessments of the independent experts provided by Real Madrid and that of the General Directorate of the Cadastre of the Ministry of Finance coincide with the evaluation established by municipal technicians in the 2011 agreement. Likewise, the European Commission declares that the town hall of Madrid has collected all the necessary technical reports (legal, economic and urban planning) for the signing of the 2011 agreement, as would have done any other private operator. Our club will immediately request the reimbursement of the 20.3 million euros paid to the town hall of Madrid in 2016, increased by applicable delay interest, in accordance with the legislation in force, in order to repair the economic damages caused by this survey which lasted more than 12 years. The final decision of this procedure confirms once again that the management of Real Madrid is based on the principles of transparency, integrity and honesty, essential values which govern all the actions of the club. “ A new victory for Casa Blanca.
