Real Madrid President to broach change of ownership model in General Assembly

Real Madrid president Florentino Perez is expected to stand for re-election next year and serve a term that will take him into his 80s. However, that hasn't stopped him from making groundbreaking changes at the club.

In recent weeks, Perez has met with some representatives of the members who will attend their general meeting next Sunday. At that meeting they will approve the club's accounts and raise any issues, and Perez is expected to defend Vinicius Junior in the wake of the Ballon d'Or criticism, while addressing the Negreira case, referees , the main issues facing the club. full operation of the Santiago Bernabeu and the Superleague.

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According to Marca, Perez will also strike a “cautious tone” in addressing a potential change to their ownership model. Currently, Los Blancos are wholly owned by their members, one of four teams in Spain to which this applies, with presidents elected to run the club. Perez will note that members will continue to own the club, but the club's model may need to 'adapt' to the modern game.

It is not the first time it has been suggested that the 77-year-old will try to turn things around before he steps down. In March it was reported that Perez had discussed changing the club's articles of association so that he could sell 49.9% of the club to major investors such as JP Morgan and Key Capital Partners. The latter is the current home of Anas Laghrari, who is expected to play a key role in the club once Perez leaves.