Raimundo Saporta Pavilion Raimundo Saporta Pavilion Raimundo Saporta Pavilion (originally known as Pabellón de la Ciudad Deportiva del Real Madrid) was an indoor arena located in Madrid, Spain. It was used particularly for basketball matches of Real Madrid. Until 1999 it was known as the Pabellón de la Ciudad Deportiva del Real Madrid, when it was renamed in honorary of the former president of Real Madrid basketball team, the late Raimundo Saporta. It was demolished in 2004. The arena was inaugurated on 6 January 1966 for the annual intercontinental Philips trophy (later renamed annual Christmas tournament), in which Ignis Varese defeated local Real
Raimundo Saporta Pavilion in honor of the club director who had died in February 1997. The pavilion had increased seating capacity of 5,200 seats. The bad economic situation of the club forced club president Florentino Pérez to sell the lands on which the Sports city was located for an estimated 188 million euros in November 2001. The demolition of the arena took place in August 2004, and Real Madrid moved its home games to Palacio Vistalegre. The former site of the Sports city and the Raimundo Saporta Pavilion is now used for the Four Towers Business Area, an Important business park. Raimundo Saporta