EU orders Real Madrid, other Spanish clubs to repay state aid


Soccer Football - Atletico Madrid v Real Madrid - UEFA Champions League Final - Santiago Bernabeu Stadium, Madrid, Spain - 29/5/16 Real Madrid players hold up the Champions League trophy during a victory ceremony. REUTERS/Susana Vera

BRUSSELS (Reuters) - European champions Real Madrid and rivals Barcelona and Valencia were among seven Spanish football clubs ordered by EU antitrust regulators to refund millions of euros of unfair financial support they had received.

Real Madrid were told to pay back 18.4 million euros ($20.5 million) in one case after the city authorities in the Spanish capital overcompensated them when a land transfer fell through.

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