- Aug 3, 2011
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Real Madrid, Barcelona and five other La Liga clubs were ordered Monday by the European Commission, the European Union's executive arm, to repay money to the Spanish government over various instances of the state providing aid to them.
European champions Real Madrid, Spanish league champions Barcelona, Athletic Bilbao and Osasuna were ordered to repay state tax credits given to them by Spain that date back 20 years.
The initial sum total was estimated to be €68.8 million euros, according to Spanish media reports.
http://www.espnfcasia.com/spanish-p...a-liga-clubs-ordered-by-eu-to-repay-state-aid
European champions Real Madrid, Spanish league champions Barcelona, Athletic Bilbao and Osasuna were ordered to repay state tax credits given to them by Spain that date back 20 years.
The initial sum total was estimated to be €68.8 million euros, according to Spanish media reports.
http://www.espnfcasia.com/spanish-p...a-liga-clubs-ordered-by-eu-to-repay-state-aid