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CUT CORRUPTION & FFP CHEATING - Mr Tebas

Started by KunDB, March 04, 2021, 16:44:08

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KunDB

HOT OFF THE PRESS

FFP CHEATS EXPOSED

Dirty little Tebas, Barcelona and Real Madrid caught cheating and doing this dirty work over 15 years. Let UEFA strip them off all their titles won during this time, fuelled by underhand state aide creating an unfair playing field. Who says, The EU's top court.What was Tebas doing all this time that he missed this entirely. I look forward to his strong condemnation statements and action against these CHEATS, DIRTY LITTLE CHEATERS. Using Tebas' own words "They're not affected by Covid, pandemics or anything because they're financed differently and it's impossible to fight against that." I think that is a fair description of them.

   Story Link   

The EU top court has ruled that Spanish tax laws unfairly benefit some of the country's top football clubs.

A verdict handed out by the European Court of Justice stated the government had given illegal state aid to four of its major clubs, including FC Barcelona and Real Madrid.

Spanish law allows the clubs to pay taxes as nonprofit sports clubs, rather than sports companies.

In 2016, Brussels penalised several La Liga teams over the preferential tax breaks and ordered them to repay millions of euros to the Spanish authorities.

The Commission said the four clubs were treated as non-profit organisations and had paid tax rate on profit that was a 5% lower that of their rivals for more than 20 years without an objective justification.

It added the money to be recovered would be limited to â,¬5 million per club but that the precise amount to be paid back should be fixed by Spanish authorities.

In February 2019, the European General Court ruled against the Commission saying there was no proof football clubs gained any benefit from paying taxes as nonprofits.

But that ruling has now been set aside by the ECJ.

FC Barcelona is currently going through a rough patch - former president Josep Bartomeu and other officials were arrested on Monday over possible irregularities during his administration.

The arrests came less than a week before the club holds presidential elections.

Barcelona is also coming out of its first season without a trophy since 2007-2008 and has a debt of more than â,¬1.1 billion largely due to the coronavirus crisis.

Stephen Paul