Saturday, September 3, 2016

The Madrid City Council asks 20 million Real Madrid – Goal.com

Last July, the European Commission considered that the Whites had received illegal aid in a land swap Vadebebas

the Madrid City Council last Friday sent a notification to the Real Madrid in which he asks the return of twenty million euros for an exchange of land in Valdebebas that European Commission considers illegal, according to Europa Press.

the judgment of the European Commission, which was issued last July, claiming that the City overestimated the plot that gave the target set in 1998 by 488,000 euros and then it was impossible to transfer ownership. In 2011 he offsets to Madrid with 22.7 million euros, but the appraiser says that the land was worth 12.2 million.

José Manuel Calvo, Chief of Sustainable Urban Development, said that “Real Madrid could settle the debt returning four parcels delivered to the club in the agreement of 2011, valued to date, plus a tertiary plot in Airport City-Park Valdebebas, with part of the cash to complete the total sanction “.

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