Categories: Sports

Florentino Perez examines the change in the corporate structure of Real Madrid football club

Madrid may be sad. Florentino Perez, president of the Real Madrid football club, is studying. change the corporate structure of the white group in order to protect the team’s assets as it progresses Confidentially.

The white team president is working with Key Capital and Clifford Chance to propose a new formula at the next meeting. change the club’s charter and, according to him, protect it from threats from La Liga and UEFAand between them the Super League.

Although the project is still in its infancy, the aforementioned media claim that Florentino Pérez makes it clear that partners of the Real Madrid football club should be, in addition to the owners of the Santiago Bernabeu stadium, actual owners of the equipment

.

That’s why One of the formulas that the president proposes is the transformation of the Real Madrid football club into a sports joint-stock company (SAD)., like most La Liga clubs. This is not the only option, as Perez is also considering maintaining the club’s current structure, albeit converting a few shares into titles that give actual ownership of the white organization.

In the case of a bet on a move to SAD, Real Madrid could public domain, as is already done, in particular, by Manchester United, Juventus Turin and Borussia Dortmund. However, this requires the partners to vote in favor of the proposal at the next meeting and it cannot be tabled with more than 49.9% of the share capital.

Perez is making it clear that if a new type of stock is issued, he will define control as well as transaction limits for them, with the goal of preventing investment funds or private billionaires from taking control of the team, as has already been done. happened to clubs such as Manchester City or Paris Saint-Germain.

Real Madrid has become the highest-earning club in Europe for the 2022-2023 season, according to its annual report. Deloitte League for Major League Soccer. In particular, the white team completed the last campaign with an income of 831.4 million euroswhich is 117.6 million more than in the 2021-2022 campaign.

According to a report published at the end of January, this was due to “good work merchandising official, greater attendance at the Santiago Bernabeu and the recovery of sponsorship revenues following the easing of post-pandemic restrictions.”

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