EXCLUSIVE: Florentino Pérez commissions the greatest patrimonial revolution of Real Madrid. The president is designing the new ownership structure of the club to close the door to a Middle Eastern country or the owner of a large American company from ever buying Real Madrid or managing it.

1 comment

1. The article is behind the paywall, so here’s the best summary I can come up with.

   – **Introduction**:
   – **Real Madrid initiates a significant ownership restructuring effort led by its President, Florentino Pérez.**
   – Collaborating with Key Capital Partners and Clifford Chance, Real Madrid aims to bolster its economic stability amid upcoming challenges.

   – **Purpose**:
   – The initiative seeks to safeguard Real Madrid from perceived threats posed by regulatory bodies such as LaLiga and UEFA.
   – **Recognizing the evolving football landscape, Real Madrid advocates for proactive measures to protect its interests.**

   – **Proposed Reforms**:
   – Two alternatives are under consideration:
   – **Conversion into a publicly traded corporation with a limit of 49.9% market limit.**
   – **Retention of the current structure with adjusted shareholder privileges.**
   – Real Madrid seeks to balance tradition with modern governance principles.

   – **Control Measures**:
   – **The main objective which remains unchanged regardless of the alternative took is the emphasis placed on implementing strict controls over share transfers to maintain autonomy and integrity.**
   – **Club does not want a future where its assets can be sold/transferred/removed from the club to those of Middle Eastern states or the large American companies.**
   – These measures aim to prevent external influence on the club’s affairs.

   – **Motivation**:
   – **The initiative follows concerns raised regarding perceived attempts by LaLiga and CVC Capital Partners to impact the club’s economic prerogatives such as the La Liga deal where sale of 11% for 50 years was done of the broadcasting rights.**
   – Real Madrid aims to protect its interests amidst changing industry dynamics.

   – **Timeline**:
   – **Real Madrid plans to present the proposed ownership restructuring at the upcoming members’ assembly during the summer.**
   – The presentation aims to garner support for changes ensuring the club’s long-term prosperity and legacy.

   – **Conclusion**:
   – Real Madrid’s ownership restructuring marks a significant step in adapting to industry challenges, aiming to secure its economic stability and legacy amidst a dynamic football landscape.

   —