Monday, July 4, 2016

“Land Deal PSV stadium is still not a state,” no penalty for William … – BBC News

  EINDHOVEN – PSV Willem II and FC Den Bosch did not receive prohibited state aid. According to research by the European Commission, the Financial Times reports. The commission investigated include the land deal with the municipality of Eindhoven, the land sold under the PSV stadium.
 

PSV Eindhoven municipality have not heard of the European Commission. But completed according to the Financial Times, is the examination of the commission and there is no evidence of illegal state aid.

Monday the results are officially published. Besides the three Brabant clubs, the committee also conducted research into MVV Maastricht and NEC. Also who have no undue aid. Real Madrid and FC Barcelona would have received state aid indeed prohibited and must repay millions, if the newspaper reports.

Surprising results
The outcome of the research is somewhat surprising. In 2013, namely the commission already ruled that the land deal PSV could not pass muster. But now the full investigation is completed, it appears that everything was allowed.

Eindhoven bought the land under the PSV stadium for 48 million euros in 2011 and PSV leased the land back. The deal gave the then ailing football some more elbow room. The study dealt with the valuation of the land, which would be much too high. If the committee had ruled that the deal is illegal, PSV had to pay a hefty fine

Spokesman Thijs Slegers PSV said in a comment: “. We have the municipality been told that next week inconclusive comes. the municipality has that self hear back from Brussels got. We have no official information on the outcome. ”

Willem II and FC Den Bosch
Research at Willem II was about the stadium lease that would be unfairly reduced. The club is waiting before they would react off the official announcement on Monday.

FC Den Bosch got help from the church in 2011. When the church scolded a debt of 1.6 million euros that the club had lost. The municipality bought the youth of the club for 1.4 million euros. The club was Bossche Saturday nobody accessible

Publication: Friday, July 1st, 2016 – 20:31
Changed:. Monday 4 July 2016 – 09:09
Author: Twan Spierts
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