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" ... Real Madrid and Barcelona are anomalies as their supporters hold large swaths of shares. These are known as “scoios,” and they have sustained high attendance, gifting them cash flows along with disproportional TV rights in La Liga, and have enjoyed unfair tax and finance support from the Spanish government. Both clubs were paying, until recently, the tax rate of non-profit organizations for over 20 years, and they are sheltered by political and social pressure, which prevents their debt, held by Spanish banks, from being tightened. ... "