Real Madrid president Florentino Perez has sparked widespread debate after reports revealed his intention to move forward with a plan that could see a minority stake in the club sold, just hours after securing a new presidential term that will keep him in charge until 2030.
According to Spanish newspaper Marca, Perez is preparing to present a proposal that would involve the creation of a subsidiary company capable of welcoming external investors while maintaining the club’s traditional ownership structure. The plan would require approval from Real Madrid members through an official referendum before it could be implemented.
Despite confirming his desire to introduce the reform, Perez has yet to disclose key details regarding the percentage of shares that could be offered, the identity of potential investors, or the legal framework that would govern the transaction.
The veteran president has repeatedly insisted that the project is designed to strengthen the club’s long-term financial stability while preserving member control. Under the proposed model, Real Madrid would remain a member-owned institution, with club members retaining decisive authority over major decisions.
Speaking previously about the initiative, Perez suggested that a minority stake—potentially around five percent—could be acquired by long-term strategic investors willing to contribute financial resources and support the club’s future growth. He also emphasized that any investment would be linked to the club’s global brand rather than granting operational control.
The proposal is expected to generate significant discussion among Real Madrid members, many of whom have expressed concerns about any move that could alter the club’s historic ownership model. Critics argue that greater transparency is needed before members are asked to vote on such a transformative project.
Under Real Madrid’s statutes, any major change affecting the club’s legal structure must receive approval from an absolute majority of eligible voting members in a specially convened referendum.
As a result, Perez now faces the challenge of explaining the project in detail and convincing members that the proposed changes will safeguard the club’s future while preserving its identity. Ultimately, the decision over the fate of any partial sale will rest in the hands of Real Madrid’s members.
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