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Thursday, March 28, 2024

Perez Re-Elected As Real Madrid President

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Florentino Perez, a man famed for his ‘Galacticos’ approach to transfer business, has been re-elected as Real Madrid president and will remain at the Blancos helm for another four years.

The 74-year-old has taken in two spells with the Liga giants, spending a total of 18 years in the most demanding and prominent of sporting roles in Spain.

His first stint with Real delivered a number of notable additions between 2000 and 2006, and having returned to the boardroom in 2009 he is now set to continue calling the shots after facing no opposition in the latest ballot.

What has been said?

Confirming the news on the club’s official website, Real have said: “On 13 April 2021, in Madrid, at 00:01 hours, at the headquarters of the Real Madrid Club de Futbol Electoral Board, the individuals listed at the beginning meet to discuss and decide on the matters listed below.

“Given the existing health situation resulting from COVID-19, the president, Jose Manuel de Carlos Grau, has decided that the members of the Electoral Board who so wish may participate telematically.

“Having presented no more than one candidacy declared by this Electoral Board and by virtue of article 40, section E, point 2 of the current by-laws of the club, Mr. Florentino Perez Rodriguez is declared president of Real Madrid.”

Who can run for presidency at Real?

Any candidate wishing to fill a presidential post at the Bernabeu must have been a member or socio for at least 20 years and boast the personal wealth required to obtain a bank guarantee worth at least 15 percent of the club’s budget.

Perez ticks those boxes as a wealthy businessman that has worked in the construction business and local politics.

He had called another election in Madrid on April 1, with potential candidates having until April 12 to enter the running.

With nobody coming forward, Perez has been re-elected unopposed for a third time in succession – having previously retained control at Real in 2013 and 2017.

Source: Goal

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