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How private equity is changing the global football landscape with big investments in clubs and leagues

MADRID (AP) – Atletico Madrid is revamping its training facilities. Sevilla and Valencia are rebuilding their stadiums. Sporting Gijon is expanding its youth academy. Spanish clubs this week are meeting to showcase and discuss projects funded by their shares of the USD2.1 billion that private equity group CVC Capital Partners is investing in the Spanish league. Real […]

French multinational Lactalis raided on suspicion of massive tax evasion

According to Le Monde, the investigation by the French National Financial Prosecutor s Office is aimed at determining whether the dairy giant evaded French tax by transferring profits to its companies in Belgium and Luxembourg.

Paris Olympics organizers surprised by reports of investigation into president s pay

The Paris Olympics organizing committee has expressed surprise that the salary of its president is reportedly being investigated by the French National Financial Prosecutor’s Office. According to French media, quoting the French agency AFP on Tuesday, the investigation into Tony Estanguet's pay was handed to Paris police last week, less than six months before the Olympic Games open on July 26. Paris organizers said they have not been contacted by investigators and could not confirm a probe is ongoing.

Paris organisers surprised by reports of Estanguet pay inquiry

Paris organisers surprised by reports of Estanguet pay inquiry
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