EU court cancels 18.4 mil euro Real Madrid state aid refund

Real Madrid and the Madrid City Hall had agreed on an illegal transaction involving the sale of municipal land.

“The Commission could not classify the disputed measure as state aid”, as it did not “sufficiently demonstrate that it conferred an advantage to the plaintiff,” said the ruling of the General Court of the European Union. In the deal, the club had paid 595,000 euros in 1998 for the land, but the operation had not come to fruition for technical reasons and authorities paid Real Madrid 22.7 million euros in compensation in 2011.

In February 2019, the European Court of Justice annulled another commission decision involving four Spanish clubs, including Real, but also Barcelona, Osasuna and Athletic Bilbao, to repay illegal state aid.

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