Daniel Dalton said: "If taxpayers’ money was used to underwrite the Gareth Bale transfer deal then this is something the EU should investigate further. 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."