Real Madrid, Barcelona Fined by Regulator on TV ContractsAlex Duff
Real Madrid, Barcelona and broadcaster Mediapro were fined for breaking Spanish competition rules because their contracts for league and cup soccer games last longer than three years.
Mediapro was ordered to pay 6.6 million euros ($8.8 million), while Real faces a 3.9 million-euro fine and Barcelona a 3.6 million-euro penalty, the national markets and competition regulator, or CNMC, said in a news release.
The parties made a “very serious” infraction of a 2010 regulation, the regulator added.
Mediapro said it would appeal the fine in court. The broadcaster said in a statement it and the clubs had acted “in good faith” because a subsequent law allowed TV contracts to last as long as four years.
Real Madrid and Barcelona ceded their television rights since 2006 to Mediapro, which shares them with Promotora de Informaciones SA. The teams get about half Spanish soccer’s broadcast income. In 2010, they agreed to a plan to reduce their share to about 30 percent from 2015.
Two other Spanish teams, Sevilla and Racing Santander were fined 900,000 euros and 30,000 euros, respectively, for the same infraction.
The fines were set according to the size of the broadcast contracts and the size of the businesses, the regulator said.