ALERTS: STATE AID - EUROPEAN UNION - SPAIN - SPORT - TAXES - ADVANTAGE - EXISTING AID

Existing aid: The Court of Justice of the European Union has censured the judgment of the General Court of the European Union which had annulled the European Commission’s decision classifying as State aid the derogating tax regime of four Spanish professional football clubs (Fútbol Club Barcelona)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 4 March 2021, the Court of Justice of the Union delivered its judgment in Case C-362/19 (Fútbol Club Barcelona v Commission). concerning the few Spanish professional football clubs exempted from being converted into sports limited companies. It basically follows the conclusions of Advocate General Giovanni Pitruzzella. Article 19(1) of Law 10/1990 on Sport obliged all professional sports clubs in Spain to convert into sports joint stock companies (SAS). The reason for the introduction of the measure was that many clubs had been mismanaged because neither the members nor the directors assumed any financial responsibility for the economic losses that

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Existing aid: The Court of Justice of the European Union has censured the judgment of the General Court of the European Union which had annulled the European Commission’s decision classifying as State aid the derogating tax regime of four Spanish professional football clubs (Fútbol Club Barcelona), 4 March 2021, Concurrences N° 2-2021, Art. N° 99531, www.concurrences.com

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