Category Archive: Subsidies

Valencian Football Clubs have to pay back more than EUR 30 million of state aid. Professional sport clubs should be aware of the European State aid rules!

On November 04 the European Commission published the full text of its Decision on incompatible State aid to Valencian football clubs (SA.36387, an appeal has been filed). The Commission concluded that public support measures in the form of loan guarantees by the regional government of Valencia in favour of the football clubs FC Valencia, Hercules …

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Brexit and MSE: Post Brexit Trade Models – Norway (EEA)

By Petter Bjerke As part of our “Brexit and MSE” series, today we look at another possible model of a post -Brexit trading relationship between the UK and the EU based on the agreement between the EU and Norway – one of the territories in the European Economic Area. Share this

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2016/07/brexit-and-mse-post-brexit-trade-models-norway-eea/

Brexit and MSE: Post Brexit Trade Models – Canada

By Chris Bennett, Stephanie Ovens and Leandra Gupta In the forthcoming days and weeks, we will be publishing regular updates on issues relevant to Brexit. Today we look at one possible model of a post -Brexit trading relationship between the UK and the EU based on the Comprehensive Economic and Trade Agreement (“CETA“) being negotiated …

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2016/07/brexit-and-mse-post-brexit-trade-models-canada/

Spain: EU Commission requires Spanish football clubs to pay back State aid

By Ceyhun Pehlivan and Jorge Fernández On 4 July 2016, the European Commission has ordered Real Madrid, Barcelona and five other Spanish football clubs (Valencia, Athletic Bilbao, Atlético Osasuna, Elche, and Hercules) to repay tens of millions received as state aid in breach of EU unfair competition regulations. According to the EU Commission, public financial …

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2016/07/spain-eu-commission-requires-spanish-football-clubs-to-pay-back-state-aid/

Professional football clubs have to pay back incompatible State aid! Sport clubs nowadays should check contractual relationships with authorities.

The European State Aid law has reached professional football clubs. Following several in-depth investigations, the Commission today has concluded that public support measures granted by Spain to seven professional football clubs gave those clubs an unfair advantage over other clubs in breach of EU State aid rules. As a result, Spain has to recover the …

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2016/07/professional-football-clubs-have-to-pay-back-incompatible-state-aid-sport-clubs-nowadays-should-check-contractual-relationships-with-authorities/

Spain: Subsidies for film production under scrutiny

By Gonzalo Santos Following a report from the Spanish Institute of Cinematography and Audiovisual Arts (“ICAA” in its Spanish acronym), Spanish courts are currently investigating whether a series of film production companies have received from the ICAA public grants based on false information. Under the current subsidy scheme, film production companies can request repayment grants …

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2015/11/spain-subsidies-for-film-production-under-scrutiny/

SPAIN: Increased public funding for cinema productions

Author: Gonzalo Santos The Spanish Government has just issued its draft for the National Budget for 2016. According to said draft, the funds for the Spanish Institute of Cinematography and Audiovisual Arts would increase by 44.7%. A total amount of €60.5 million would be used for giving grants for audiovisual productions, a 65.36% increase compared …

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Permanent link to this article: http://blogs.dlapiper.com/mediaandsport/2015/08/spain-increased-public-funding-for-cinema-productions/

SPAIN: New financial support for cinema

Author: Gonzalo Santos The Spanish Institute of Cinematography and Audiovisual Arts has recently published the repayment grant scheme for Spanish films released in 2013 (following the broad definition of “Spanish film” set forth in the Spanish Cinema Act, which may include certain European films). Share this

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