What We're Reading
Seven Spanish Clubs Investigated for Receiving Illegal Aid
- Football Espana, Tuesday, December 17, 2013 10:22 AM
Spain’s foreign ministry on Tuesday announced that seven La Liga clubs, including Real Madrid and Barcelona, are facing a European Commission investigation against them for allegedly receiving illegal state aid. Madrid, Barca, Athletic Bilbao and Osasuna are under investigation for their tax status, which gives them the advantage of not being treated as corporations.
Real is also apparently under investigation for the purchase of land that its training facility is constructed on, while Athletic is also under scrutiny for the alleged role of public money in the construction of the new Estadio San Mames. Valencia, Hercules and Elche are the other clubs under investigation for receiving illegal state aid.
