Madrid law blocks Rayo Vallecano from buying Vallecas stadium, AS reports

What happened

A legal provision prevents Rayo Vallecano from buying the Vallecas stadium, according to the Spanish outlet AS. The report cites Law 3/2001 of 21 June on the Patrimonio de la Comunidad de Madrid, which it says closes off a purchase the club would reportedly have considered if the concession were extinguished.

Report details

The report comes as the process to terminate Rayo's concession for the stadium continues. According to AS, the Comisión Jurídica Asesora de la Comunidad de Madrid backed the regional government's steps, judging the termination "appropriate" because of the club's "failure to meet its obligations" regarding maintenance, conservation, mandatory inspections and safety conditions.

The source does not specify any further timetable or decision on the concession beyond the advisory body's endorsement of the regional government's handling of the process.