Perez's revolution: Sharing Real's stakes

Florentino Perez is restless. When one plan fails, he turns to another. The Super League idea didn’t go through, so now he’s looking for another way to raise money — and it dawned on him: a change in the ownership structure?! Yes, that is the new plan of Real Madrid’s president. He can’t personally sell shares — the club isn’t his property — but if he packages everything nicely and “sells” it to the socios, and they swallow it… then something might come out of it. He’s already working hard on it and will soon cast his line to see how the members react to the ideas he will present.

In six days, on November 23rd to be precise, the club’s regular Assembly will be held, and according to El País, he will propose selling 10 percent of the shares for as much as 1,000,000,000 euros! But he’ll go about it indirectly, wrapped in nice words. The Real Madrid president will announce two important things. The first is that he wants investors to enter the club, and the second is that Los Blancos will not become a Public Limited Sports Company. That idea is unpopular among the members, and Florentino Perez knows that well. But that is a possible direction the club could take in the future — only he won’t push that story now.

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Perez values the Royal Club at 10,000,000,000 euros and wants to sell only 10 percent of the stake in order to “preserve the nature of the institution and its governing bodies.” The question is: will the socios agree to it? And another question arises: why does he want to change the ownership model and bring an investor into the picture? Spanish media offer the following answer: to protect the club from potential attacks on its ownership. Perez believes that during the drafting of the latest Sports Law, something of that sort occurred — that the club is on the brink of being usurped. He will try to explain that to the members; it’s a crucial step.

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There is one thing that could help him in this whole matter of selling shares and bringing in a new party. Something similar was done with the Santiago Bernabeu. There is a company that has been managing business operations at the stadium for months, and Real Madrid is its partner, with others joining as well. The plan is for every member to have shares and to be able to convert them into cash, giving them a very tangible stake in Real Madrid’s decision-making. That’s how it would be if the club became a Public Limited Sports Company. There is another option: becoming a Shareholding Sports Entity. In that case, an investor who buys a certain part would not be able to buy anything else. This way, the socios would retain complete control. The process of “taking the members’ pulse” begins on Sunday…

2026 FIFA WORLD CUP QUALIFIERS - EUROPE

Tuesday

22.45: (1.38) Austria (4.70) B&H (8.50)

22.45: (10.5) Belarus (5.70) Greece (1.28)

22.45: (1.01) Belgium (20.0) Liechtenstein (70.0)

22.45: (5.60) Bulgaria (4.00) Georgia (1.60)

22.45: (6.00) Kosovo (3.90) Switzerland (1.58)

22.45: (1.01) Romania (20.0) San Marino (70.0)

22.45: (3.60) Scotland (3.25) Denmark (2.15)

22.45: (1.28) Spain (6.75) Turkey (10.5)

22.45: (1.58) Sweden (3.90) Slovenia (6.00)

22.45: (1.75) Wales (3.70) Macedonia (5.50)

***odds are subject to change***