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State aid and sport: Commission approves French stadiums for EURO 2016 and opens investigations into Spanish football clubs

December182013
  • Start date : 18/12/2013 18:12:19

On 18 December 2013, the Commission took two decisions concerning state aid for professional sport

 

In the first decision, the Commission declared French public support for the construction and renovation of nine stadiums in order to host the UEFA EURO Championship in 2016 to be in line with EU state aid rules. The Commission noted that after the EURO 2016 championship, the stadiums would continue to be available to clubs and citizens for social, sports and cultural events; as a consequence, in the Commission's views the support given by France will further the promotion of sport and culture without unduly distorting competition in the EU internal market.

More detailed information concerning this decision is available from the press release IP-13-1288.

In the second decision, the Commission opened three in-depth investigations concerning public support in favour of seven Spanish professional football clubs. Clubs under investigations are: Real Madrid CF, Barcelona CF, Athletic Club Bilbao, Club Atlético Osasuna, Valencia CF, Hercules CF and Elche CF. The first investigation concerns possible tax privileges. The second one covers a widely reported land transfer between the City of Madrid and the club Real Madrid CF. The third one deals with guarantees given by the State-owned Valencia Institute of Finance for loans that were used to finance the local clubs.

More detailed information concerning this decision is available from the press release IP-13-1287.

Direct link to the Commission's state aid website

 

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