Institutional statement by president Florentino Pérez

Real Madrid receives the decision adopted by the Court of Justice of the European Union, the body charged with upholding out principles, values and liberties, with tremendous satisfaction.

In the coming days, we will study the scope of this resolution in great detail but I can reflect on two conclusions of historic significance. Firstly, European club football will no longer be a monopoly. Secondly, as of today, clubs will have their fate in their own hands. The clubs have been fully acknowledged in our right to create and promote European competitions that will modernise our sport and appeal to fans around the world. Ultimately, today has been another triumph for a Europe of freedom, and for football and its fans.

Faced with the pressure we have been subject to for more than two years, today law, justice and liberty have come to the fore. As a result of this, Real Madrid will continue to work for the good of football.

Just as we took a crucial step in footballing history almost seventy years ago with the creation of the European Cup, today we once again have the duty and responsibility of providing European football the boost it so desperately needs. To do so, we will continue to champion a modern project that is fully compatible with domestic competitions, open to all, based on sporting merit, and which will be imposed effectively as regards financial fair play. It is a project that will bring financial sustainability for all clubs and, first and foremost, one which will protect the players and excite fans across the globe.

We will make it happen despite the campaigns we have suffered, which will likely intensify starting today. But nobody said that bringing an end to a decades-long monopoly would be easy.

We are faced with a fantastic opportunity to improve European club football. A game that matches the demands of the 21st century and one that boasts transparent governance and can coexist alongside new technologies; the game that can once again ignite the passion and emotion the fans need.

Allow me to tell the European clubs that we are at the dawn of a new era that will allow us to work freely, on the basis of constructive dialogue, without threats, without acting against anything or anyone, and with the aim of innovating and modernising football in order to continue sustaining the fans' passions.

Starting today, the present and the future of European football are in the hands of the clubs, the players and the fans. Our destiny now belongs to us and we have a great responsibility in our hands.

This day marks a turning point. It is a great day in the history of football and sport in general.
#RealMadrid

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