Real Madrid Starts Presidential Election Process
Candidates have until May 23 to enter the race, and hopefuls must be members for 20 years and post a 187 million euro guarantee.
- Real Madrid officially opened its electoral process Thursday following president Florentino Perez's announcement that he will seek re-election for another term.
- Candidates must have been club members for 20 years and provide a guarantee of $219m, equivalent to 15 per cent of the annual budget, backed by personal assets.
- Spanish businessman Enrique Riquelme, president of the group Cox, requested more time to prepare a candidacy; however, Perez rejected this in a Wednesday interview on Sexta.
- There is a 10-day window for candidacy submissions until May 23; if no other candidates emerge, Perez will retain his post as occurred in 2013, 2017, 2021, and 2025.
- Since Perez returned in 2009, Madrid has secured five Spanish league titles and six European cups, building on his leadership during the Galactico era beginning in 2000.
24 Articles
24 Articles
The Madrid club officially launched its electoral process on Thursday, two days after the announcement of the organisation of new elections by its president Florentino Pérez, for the moment only candidate for his succession.
Real Madrid have officially decided to launch the election process, as current president Florentino Perez promised earlier this week. Rival candidates will have just nine days to present their candidacies and campaign. Perez called a surprise press conference on Tuesday night to announce that he would call an election, challenging those who want to remove him from office to run against him. At one point he declared that he would only leave the c…
Florentino Perez could get a serious opponent in the election for the first time in a long time.
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