Finance & Law
The European Commission’s investigation into state support for Spanish football clubs is not part of a jealous witch hunt against the country, according to one of the complainants.
The European Commission has opened a three-pronged investigation into allegations that several Spanish Liga football clubs, including Real Madrid and Barcelona, benefited unfairly from state support.
The European Commission is to launch disciplinary proceedings against seven Spanish football clubs, including Barcelona and Real Madrid, over allegations of benefiting from favourable financial treatment from the state.
The French government has suppressed an amendment that would have forced top-tier Ligue 1 club Monaco to fall in line with the country’s so-called new ‘super tax’ on salaries exceeding €1m ($1.4m).