Real Madrid could be investigated for forward’s signing

The La Liga giants signed Bale on deadline day of the 2013 summer transfer window for about €100m.

They could however be investigated whether they indirectly used British tax-payers money to buy the forward from Tottenham.

Members of the European parliament have tabled a written question to the European Commission asking it to investigate the financing of Real Madrid’s signing of Bale.

Conservative MEP Daniel Dalton with two other members, Flemish MEP Sander Loones and Catalan MEP Ramon Tremosa think Madrid used bailed-out banks to finance the deal and have requested for an investigation.

The three European parliament members think Real Madrid used Bankia as guarantor finance Bale’s signing.

Bankia was said to have received €18billion in tax-payers money when it was saved by the EU and it was with this money that they allegedly used to finance Real Madrid.

If they truly financed Madrid, it will be illegal as they became a nationalized entity after reciving bailout from the EU and their backing also gave Real Madrid an unfair advantage over other their European rivals.

“If taxpayers’ money was used to underwrite the Gareth Bale transfer deal then this is something the EU should investigate further,” MEP Dalton said.

“Real Madrid are the world's richest football club and if it has used a state owned bank, owned by taxpayers to guarantee multi-million pound record transfer fees, then it is clearly something the EU should look to address to ensure there are no unfair competitive advantages given to football teams supported by taxpayer funded financial institutions.”

Spanish clubs have been accused of this in the past like in 2012 when it was suggested the Spanish government would waive the collective €752m debt owed by the nation's football clubs owe to the country's tax authorities.

The German tabloid asked how long the German taxpayer would be obliged to subsidise the wages of Lionel Messi and Cristiano Ronaldo as the European Union members bailed out the Spanish economy only for successful Spanish clubs to buy the world’s best players.

Watch this Gareth Bale's video, below: