Wednesday, May 22, 2019
Real Madrid Awarded €20.4m in Compensation After Court Rule in Favour of Club in State Aid Dispute
The General Court of the European Union have annulled a European Commission decision from 2016 which ruled Real Madrid's €22.7m yieldings from a real estate refund as 'illegal state aid' to the tune of €18.4m. This means that the previously seized sum of €18.4m will be returned to the club, along with a further €2m in interest. The dispute emerged when the club paid €595,000 to the Madrid City Council for a section of municipal land in 1998 which, for technical reasons, they did not receive.... Via All the latest breaking football news, transfer rumours, analysis, and match reports - 90min http://www.90min.com/
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