Florentino Pérez

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Florentino Pérez announcing Real Madrid elections at a press conference in Valdebebas.
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Florentino Pérez calls Real Madrid presidential elections

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Florentino Pérez announced today the calling of elections for the Real Madrid presidency during a press conference in Valdebebas. The 79-year-old leader stated he will not resign and will run for re-election with his current board.

Real Madrid president Florentino Pérez will mention today in the assembly of socios compromisarios a structural change to ensure the club's sustainability. This initiative, announced a year ago, explores options like partial conversion to a public limited company or using financial 'levers'. The discussion arises amid overruns in the Bernabéu remodelation and a rising budget.

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