Finance & Law

The European Commission is to launch disciplinary proceedings against seven Spanish football clubs, including Barcelona and Real Madrid, over allegations of benefiting from favourable financial treatment from the state.

The French government has suppressed an amendment that would have forced top-tier Ligue 1 club Monaco to fall in line with the country’s so-called new ‘super tax’ on salaries exceeding €1m ($1.4m).

Formula One supremo Bernie Ecclestone has received backing from the board to remain the head of the motor sport unless he is convicted for bribery allegations by German authorities.

AS Monaco has filed two legal suits against the French Football League (LFP) in a tax dispute that has sparked calls from Ligue 1 clubs to stop Monaco from entering the top flight.