Atletico face Real in the May 18 showpiece but a venue has not yet been decided by RFEF, with Spain lacking a single national stadium.
Usually a neutral venue is picked, but this will pose a problem as both sides are from Madrid, with their home grounds comfortably the only suitable stadia in the city.
Other grounds in and around Madrid - such as Getafe’s Coliseum Alfonso Perez and Rayo Vallecano’s Vallecas - hold less than 20,000 fans and are simply too small for a match of this magnitude.
And with Real’s 85,000-seat Santiago Bernabeu seen as too large for a Copa del Rey final, Atletico’s Vicente Calderon - at just under 50,000 seats - fits the bill, despite clearly being on partisan territory.
Cerezo believes this should not be a problem, and that an alternative venue - such as Barcelona, Sevilla or Valencia - would make no sense.
“I can tell you that the Copa del Rey final will be played in Madrid,” he said. “I can guarantee this. Both teams are from Madrid, it is the only solution.
“It’s therefore logical that it should be played at the Vicente Calderon.”
However, the outspoken film producer admitted that he had not cleared the proposal with Real counterpart Florentino Perez.
“We need to speak to anyone but him,” he joked.
If both clubs do not agree to playing at the Vicente Calderon, it is likely a venue outside Madrid will be picked.