Real Madrid must pay back €20m over land deal

EU rules against seven Spanish football clubs

4th July, 2016
James Rodriguez celebrates Real Madrid's Champions League win Pic: Getty

The European Commission has ordered Spanish football giants

Real Madrid to pay €18.4m from a land deal with the City of Madrid, saying the agreement overvalued land and was unfair to other football clubs.

The commission also said Valencia must also pay back €20.4m for loans granted on favourable terms from a state-owned financing body. Two other clubs, Hercules and Elche, must also pay for loan...

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