The EU General Court annuls the Commission decision ordering Spain to recover € 18 million of incompatible State aid (Real Madrid)

On 22 May 2019, the General Court rendered its judgment on the action for annulment filed by Real Madrid against the Commission Decision of 4 July 2018 that (i) declared that the football club had been granted incompatible State aid worth EUR 18 million; and (ii) ordered Spain to recover this amount. Between 1991 and 1998, Madrid City Council and Real Madrid entered into a number of agreements. One of these agreements provided for an exchange of land: the club would transfer several plots to the City Council, which in exchange would

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Clara García Fernández, Miguel Troncoso Ferrer, Sara Moya Izquierdo, The EU General Court annuls the Commission decision ordering Spain to recover € 18 million of incompatible State aid (Real Madrid), 22 May 2019, e-Competitions Bulletin May 2019, Art. N° 90757

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