Africtv - Mail Summary...
- Barcelona and Real Madrid have been fined over £2.5million each for signing television agreements for longer than three years.
- The deals agreed with broadcaster Mediapro broke rules established by the country’s competitions regulator which has also imposed financial penalties on two other clubs and on Mediapro.
The Comisión Nacional de la Competencia has ruled that the two clubs, along with Sevilla and Racing Santander, broke rules set in a 2010 resolution limiting television deals to three years.
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Real Madrid have been fined £3.2m and Barcelona £2.9m while Mediapro will have to pay £5.3m. Sevilla have been fined £745,000 and Racing Santander currently in the third tier and with grave financial problems will have to pay £24,800.
Mediapro pay Madrid and Barça around £115m a year for their domestic television rights but both clubs have been told by the Spanish government that they must bring an end to individual deals and start to collective bargain with the rest of the clubs by 2016.
Signing the deal in 2011 that sees them through to the end of 2014-15 has been seem by some as a delay tactic to slowdown the transition to collective bargaining which will see the big two’s television revenue drop.
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