In a ruling handed down on Thursday 10 November (Case C-211/20 P), the Court of Justice of the European Union has upheld the EU General Court’s ruling of March 2020(see EUROPE B12445A20) that annulled the European Commission’s decision of July 2016, which had considered the public guarantee granted by the Valencian Community Government to professional football club Valencia CF to be unlawful state aid and incompatible with the internal market.
In its appeal, the Commission puts forward...