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Image header Agence Europe
Europe Daily Bulletin No. 10987
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Three formal investigations into seven Spanish football clubs

Brussels, 18/12/2013 (Agence Europe) - As expected (see EUROPE 10986), the European Commission launched three separate investigations on Wednesday 18 December into non-notified public aid granted by the Spanish state to seven national football clubs, as it fears that this aid may have given them an advantage over other clubs which did not receive aid of this kind.

The first investigation concerns the exoneration enjoyed since 1990 by Real Madrid, FC Barcelona, Athletic Club Bilbao and Club...

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