Barrio de La Latina (Madrid) the vicinity of the San Francisco Racecourse - that continues from the Plaza de la Cebada up to the San Francisco el Grande Basilica. These limits are: to the north, Segovia street - a deep ravine formerly occupied by the San Pedro Stream which empties into the Manzanares River, to the south there is la Ronda and Puerta de Toledo, on the east there is Toledo street - bordering Rastro and the district of Lavapiés - and to the west, Bailen street. La Latina occupies much of the oldest section of Madrid, sometimes referred to as El Madrid de los
Ciudad Deportiva, Madrid against. The agreement between Real Madrid and the local government stipulated that in exchange for re-zoning the land Real Madrid would cede a portion of the land to the Government. Then, in public project bids, both Real Madrid and the Government sold their portions to four corporations, Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and Obrascón Huarte Lain (OHL), for which Real Madrid earned an estimated 480 million euros. These four corporations are, as of August 2006, constructing four skyscrapers on the site which will become their headquarters as part of the Cuatro Torres Business Area. The government also