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Did Real Madrid use European Union money to help with Bale purchase? 0

Posted on September 05, 2013 by Random Spurs Supporter

A Belgian Euro MP has asked the European Commission to look into Real Madrids purchase of Gareth Bale as it is believed that money was borrowed from Caja Madrid, who are a part of Bankia recently baled out by European Union money with an 18bn euro loan.

With debts of 600m euros, even though Madrid are financially stable they are surely building a squad outside the rules and regulations of UEFA’s own Financial Fair Play regulations and possibly it now seems against European Union regulations.

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