REAL MADRID and Barcelona, have been fined by the National Markets and Competition Commission (CNMC) for breaching rules on the sale of television rights.
The CNMC stated that “a very serious infraction” of television rights had occurred. The total of the fines was over €20 million. Television company Mediapro was fined €6.5 million, Real Madrid €3.9 million and FC Barcelona €3.6 million. Lesser fines were meted out to Sevilla (€900,000) and Racing Santander (€30,000).
The amount of the fine varied depending on the contract each team had signed with Mediapro. All four teams have signed four-year contracts with Mediapro, although the maximum duration is limited to three years in Spain.
Real Madrid and FC Barcelona are the two richest clubs in the world. Madrid became the first sports club to earn more than €500 million in the 2011/12 season. Barcelona’s income came close at €483 million. Clubs in Spain are free to negotiate their own television deals, allowing the top teams to earn very high sums.