El Madrigal

Next Game

Villarreal v Barcelona

Wednesday, 04 March 2015, 19:00

Copa del Rey Semi-Final

Last Game

Granada 1 - 3 Barcelona

Saturday, 28 February 2015, 15:00

Spanish Primera BBVA

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

W

ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

mumbo_jimbo
Van Gaal: Luck is key

I

believe this is because for sepp Christmas is a 7 day feast finishing on the 25th

hiya
Blatter calls for early final

F

alcao really needs to shine now. Apparently according to the stats, he scores more when played up front alone. I wonder if Van Gaal will actually apply a formation to get the best out of him though.

anthracyte
Van Persie lay-off expected

Footer 365

Mark Hughes angered by officials in Stoke win over Hull

Mark Hughes was pleased with Stoke's 1-0 win over Hull but angered after the officials missed a challenge on Stephen Ireland.

Sean Dyche downbeat after Burnley lose to Swansea defeat at Turf Moor

Burnley boss Sean Dyche says his side must start turning performances into wins after losing 1-0 to Swansea at Turf Moor.

Jonas Gutierrez wants top-10 finish for Newcastle after return

Jonas Gutierrez has targeted a top-10 finish with Newcastle after returning to the squad for the win against Aston Villa.

Mail Box

Are Tottenham Right To Redevelop?

It's a really good Friday afternoon Mailbox, with thoughts on Spurs' ground development, the Europa league (leave it alone) and one man running for a very good cause...

Rodgers Is More Of A Paisley Than A Rafa

Most Liverpool fans in the Mailbox are claiming to be pleased to see the back of the Europa League. Plus merging the Europa and Champions League, and winter WC...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company