The City Council reclassifies the city of Real Madrid with a report that miscalculates the benefit: it rises from 1.46 to 98.6 million

The Madrid City Council approved the reclassification of Real Madrid's sports city, but a calculation error inflated projected municipal revenue from €1.46 million to €98.6 million. The mistake, acknowledged by both the consulting firm Savills and the City Council, involved miscalculating the tax revenue based on property values. The corrected figure shows expected annual income of only €1.46 million, significantly altering the financial outlook for the project. Critics, including Más Madrid leader Rita Maestre, have condemned the error as a major scandal, questioning the integrity of the report and the relationship between the consulting firm and the club. The project aims to transform the Valdebebas area into a mixed-use development, but the financial implications have raised concerns about transparency and accountability.