*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On November 10, 2022, the Court of Justice of the European Union delivered its judgment in Case C-211/20 (European Commission v. Valencia Club de Fútbol and Spain) on the appeal lodged by the Commission against the judgment of the Court of First Instance adopted on March 12, 2020 in case T-732/16 (Valencia Club de Fútbol v. European Commission). The Valencia professional soccer club, which was in financial difficulties, received support from the Instituto Valenciano de Finanzas (IVF) - the financial institution of the government of the Autonomous Community of Valencia - which granted a guarantee to the Fundación Valencia, linked to the club, for a bank loan
Incompatibility: The Court of Justice of the European Union rejects the European Commission’s appeal in the Valencia football club guarantee case, holding that the General Court of the European Union did not impose an excessive burden of proof on the Commission (Valencia Club de Fútbol)
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