Football Glory, Credit Crisis and State's Paternalism – A Perfect Breeding Ground for State Aid?

Please use this identifier to cite or link to this item: http://hdl.handle.net/10045/101608
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Title: Football Glory, Credit Crisis and State's Paternalism – A Perfect Breeding Ground for State Aid?
Authors: Pérez Bernabeu, Begoña
Research Group/s: Derecho Financiero y Tributario
Center, Department or Service: Universidad de Alicante. Departamento de Disciplinas Económicas y Financieras
Keywords: Football | Indirect financial support | Guarantee | Loan | Lack of motivation
Knowledge Area: Derecho Financiero y Tributario
Issue Date: 2019
Publisher: Lexxion
Citation: European State Aid Law Quarterly. 2019, 18(4): 549-554. doi:10.21552/estal/2019/4/12
Abstract: Football is the most famous sport all around the globe and is also of great social and cultural significance. For this reason, State authorities may be tempted to provide additional support to professional football clubs which find themselves in an acute financial crisis through direct or indirect (like guarantees, tax or levies exemptions, loans on more favourable terms, transactions under non-market conditions) support measures. However, the football sector is not special for competition rules and the Commission has recently begun to enforce State aid rules in football. In the Hércules CF judgment, the General Court studies a situation that perfectly fits in the above-described situation since it analyses the grant of a public guarantee to a professional football club which is in a difficult financial position. Finally, the General Court annulled the Commission’s Decision on formal grounds on the basis of a comprehensive approach of the proof assessment carried out by the Commission.
Sponsor: Member of the Research Excellence Group PROMETEO/2016/053.
URI: http://hdl.handle.net/10045/101608
ISSN: 1619-5272 (Print) | 2190-8184 (Online)
DOI: 10.21552/estal/2019/4/12
Language: eng
Type: info:eu-repo/semantics/article
Rights: © Lexxion Verlagsgesellschaft mbH
Peer Review: si
Publisher version: https://doi.org/10.21552/estal/2019/4/12
Appears in Collections:INV - DFT - Artículos de Revistas

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