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Europe Daily Bulletin No. 10823

10 April 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Investigation into aid to Belgian football clubs continues

Brussels, 09/04/2013 (Agence Europe) - On 9 April 2013, the European Commission denied rumours that it has opened an investigation into tax aid from Belgium to football and basketball clubs, but it said that, as part of a preliminary investigation into state aid for football clubs in Europe, it is continuing to investigate detailed comments from the Belgian government into the state aid in question. The aid takes the form of a repayment of 80% of clubs' tax as long as the tax rebate is used...

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