Calling the sports industry: I highly recommend reading this briefing prepared by DLA Piper on state aid issues. Never has their been a more appropriate time for sports which are suffering to make the case to national governments for support. Sport is not an optional extra.
| less than a minute read
European Commission relaxes State aid rules to counter economic impact of COVID-19
Get in touch
Get in touch
Very importantly, sectors that have been particularly hit by the outbreak (e.g. transport, tourism, culture, hospitality and retail) and/or organizers of cancelled events for damages suffered due to and directly caused by the outbreak can be compensated as well (directly under Article 107(2)(b) TFEU). For this support, the principle of “one time last time” (applicable to rescue and restructuring aid) does not apply.
Get in touch
Get in touch
/Passle/5c61908fabdfe912ccc9057c/MediaLibrary/Images/61bb1fd649b2040c684bd98c/2024-02-26-12-41-59-198-65dc8717175c9c7d14313357.jpg)
Forward thinking and client-centric, we advise all types of media, sport and entertainment companies. They count on us to guide them...
Latest Insights
/Passle/5c61908fabdfe912ccc9057c/SearchServiceImages/2024-04-25-07-25-08-483-662a0554d510b689bb67baf9.jpg)
/Passle/5c61908fabdfe912ccc9057c/SearchServiceImages/2024-04-17-16-09-16-331-661ff42cdd69218933aa8b0f.jpg)
/Passle/5c61908fabdfe912ccc9057c/SearchServiceImages/2024-04-11-08-10-42-195-66179b02107637cec4ab396d.jpg)
/Passle/5c61908fabdfe912ccc9057c/SearchServiceImages/2024-04-08-10-18-18-038-6613c46a6d0c7fde6f8f7208.jpg)
