Revolution in sight at Real Madrid? Maybe if Relevo’s information is to be believed. According to the Spanish media, Florentino Pérez, the president of Real Madrid, will propose a major transformation during the members’ assembly on November 24, 2024: convert the members into shareholders to protect the club’s assets. This change, developed with Clifford Chance and Key Capital, aims to preserve the ownership of Real Madrid against external threats, such as the LaLiga-CVC agreement or certain reforms of the Sports Law.
Societies soon to be shareholders?
These shares would only be transferable within families, preventing their sale to third parties and ensuring sustainable management of the club. However, this proposal arouses fears among traditional members, worried about seeing the club follow the path of sports limited companies. Florentino Perez affirms for his part that this plan guarantees increased independence to better control Real Madrid’s assets in the face of competition from state clubs or the Premier League.
During the preparatory meeting, the president of Real Madrid recalled the importance of defending a heritage built since 1902, regularly attacked by institutions like LaLiga or others. At the same time, Florentino Perez will also present updates on strategic subjects: the Superleague, still in partnership with Barça, and the disputes with FIFA and UEFA.
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To summarize
Florentino Perez, the legendary president of Real Madrid, would have an absolutely revolutionary idea for the Merengue club. Indeed, the head of the White House would now consider adopting a system of corporate shareholders.
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