20 years in the past the well-known happenedor ‘ball’ of Real Madrid with the grounds of the Sports activities Metropolis that it had in La Castellana and that now are the Cuatro Torres. It was on February 1, 2001 when Mundo Deportivo revealed all the particulars of that operation by which Real Madrid Florentino Pérez would enter 501 million euros. A cash that served to scrub up the accounts of the white membership and provoke the signings of the galacticos.
“The events have needed to watch out on the matter, however the pact is sealed pending its being made public. The acquisition of the Real Madrid Sports activities Metropolis, situated in La Castellana in Madrid, by the Metropolis Council of the capital, is not going to take lengthy to be introduced. The claims on the half of the white president, Florentino Pérez, to promote mentioned land to repay the membership’s debt (over 46,000 million pesetas), and to begin the development of a brand new Sports activities Metropolis ”, he revealed Sports activities world that February 1, 2001.
The plot the place the previous one was Sport Metropolis it had been expropriated by the Metropolis Council in 1960 for Real Madrid to construct their coaching grounds there after shopping for it for 11 million pesetas. Upon his arrival to the presidency in 2000, Florentino Pérez it managed to transform the lands labeled as sports activities in the successive city plans. Additionally with a buildable space of 1.7 meters per sq. meter when in the neighborhood it is 0.Three per sq. meter of land.
AFlorentino Pérez It was not stopped by the European Fee, which opened a proper investigation into the sale of the land of the previous Sports activities Metropolis, however closed it in 2004 when it discovered no proof of a criminal offense.
In December 2007, Real Madrid offered the two towers it owned to the Villar Mir group and Caja Madrid for a complete of 360 million euros. The third tower, owned by 63.4% of the Madrid entity and 35.7% by the Neighborhood of Madrid, was offered to Mutua Madrileña Automovilística for 210 million euros, which meant one other 135 million for Madrid. The fourth tower, owned by the Metropolis Council, was awarded to Testa Inmuebles en Renta, an organization of the Vallehermoso group, for 140 million. Along with the towers, the undertaking included the development of a big multipurpose sports activities corridor for public use, with 40,000 sq. meters of buildable space on a 50,000 sq. meter plot of land, and a 60,000 sq. meter inexperienced space for public use that doesn’t have been carried out.
The ‘ball’ of the Ciudad Deportiva was not the first of Real Madrid. In 1991, Ramon Mendoza He managed to construct a 3,000 sq. meter plot of land, purchased in 1927 for 624,000 pesetas, for sports activities use till 1988, and from which Madrid took 1,250 million pesetas from the time with the rental contract for its exploitation
For its half, Lorenzo Sanz In 1997 it offered 30,000 sq. meters of the 142,000 complete of the aforementioned sports activities amenities to the Metropolis Council for 4,500 million pesetas (27 million euros), with which to alleviate the financial institution’s accounts.