As the president of Real Madrid, Florentino Perez is bestowed with great power with which comes great responsibility, especially with respect to decisions that can steer the club’s future.
The Spanish businessman is by far the most successful president in the club’s history and his ideas are generally well received by fans, Socios and the directors of the club.
On that front, it is critical to note that Perez is planning a massive change in terms of the ownership of Real Madrid, one that will potentially change how the club is run and administered.
Socios will not reign
Despite being the wealthiest and most successful institution in football, Real Madrid surprisingly have no private ownership and are completely owned by club members who have voting rights and are called Socios.
The President himself, in fact, is elected by these club members and they thus directly influence and have a say in the future of the club.
As revealed by Ramon Alvarez de Mon, however, Perez is considering changing the ownership model of the club completely and is thus hoping to undo Real Madrid’s ownership by Socios.
As part of the new system he proposes, the Real Madrid Foundation will hold the majority of the club with members being part shareholders.
Further, minority companies will also be able to become shareholders in the future in what can only be described as partial privatisation of the club’s ownership.
It remains to be seen if the new idea receives the support of the Socios considering that they are the party directly affected and whether it eventually goes through.
What also remains to be scanned is the economic impact of such a change and whether it will bring any further economic support for the club to stay competitive in today’s inflated market.
