Real and Barca face EC probe

Real Madrid and Barcelona are among seven Spanish clubs that are being investigated by the European Commission over public funding, it was confirmed on Wednesday.

Last Updated: 18/12/13 at 14:20 Post Comment

Barcelona: One of seven clubs under investigation

Barcelona: One of seven clubs under investigation

Along with the two most successful clubs in Spanish football, the Commission has also opened a probe into their fellow top-flight sides Valencia, Athletic Bilbao, Osasuna and Elche.

Segunda Division side Hercules are also under investigation as the Commission seeks to determine if state aid received by those clubs is in line with European Union regulations.

A Commission statement read: "The European Commission has opened three distinct in-depth investigations to verify whether various public support measures in favour of certain Spanish professional football clubs are in line with EU state aid rules."

The Commission said it had concerns that the funding provided significant advantages to those sides to the detriment of other clubs which have to operate without such support.

Explaining what each of the seven clubs is being investigated for, the statement continued: "The Commission will firstly investigate possible tax privileges for Real Madrid, Barcelona, Athletic Bilbao, and Osasuna.

"In another inquiry it will assess whether a widely reported land transfer between the City of Madrid and the club Real Madrid involved any state aid in favour of the club.

"Finally, it will examine the compliance with EU state aid rules of guarantees given by the State-owned Valencia Institute of Finance for loans that were used to finance the three Valencia clubs Valencia, Hercules and Elche, while those clubs were seemingly undergoing financial difficulties."

Joaquin Almunia, the Commission vice-president in charge of competition policy, said: "Professional football clubs should finance their running costs and investments with sound financial management rather than at the expense of the taxpayer. Member States and public authorities must comply with EU rules on state aid in this sector as in all economic sectors."

Related News

Most Commented

Readers' Comments

H

e doesn't need a caoch. He needs a bus. A bloody big one, that he can park across the goal line. And when he gets one, he can do us a favour and let us know where we can buy one from as well.

HarryBoulton
Rodgers: No defence coach

Y

ou are wrong Per, thats the right way the play. Its everyone elses' fault that it doesnt work.

delboy
Mertesacker urges style change

A

s it's panto season coming soon, let me be the first Oh yes you do

munchie
Rodgers: No defence coach

Footer 365

Transfer news: Van Gaal hints former Barcelona keeper Valdes could stay at Manchester United

Manchester United manager Louis van Gaal has refused to rule out the possibility of signing goalkeeper Victor Valdes.

Premier League: Ronald Koeman looking at European challenge sparked by Dusan Tadic

Ronald Koeman believes Dusan Tadic can spark Southampton into a challenge for Champions League football next season.

Premier League: Manuel Pellegrini confident Joe Hart will sign new Manchester City deal

Manchester City boss Manuel Pellegrini says he is confident that England goalkeeper Joe Hart will sign a new contract.

Mail Box

'Goals Like That Can Make You Pregnant'

Those being sniffy about Erik Lamela's rabona are given short shrift in the afternoon mailbox, where criticism of Brendan Rodgers is smashed out of the park...

Does David De Gea Need Competition?

It would certainly be a good idea to give Victor Valdes a contract, while we have more mails on Brendan Rodgers, Arsene Wenger, the rabona and mailbox gripes...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property