Real’s ownership map is changing: Shares may be sold to non-members

The possibility of allowing the entry of investors, who will be able to buy shares of the club, is seriously considered by its president Real, Florentino Perez.

According to The Athletic, the Queen’s chairman is expected to present details of the plan at the upcoming general meeting, likely to take place in November. The motion to pass it will need the approval of Real’s 100,000 memberswho have essentially been the club’s shareholders for over a century (since 1902).

Perez believes that the current form of management places restrictions on the club to be able to compete with other clubs, which have a huge influx of capital from investors or even state funds.

“One idea that has already been mooted internally would see Real Madrid effectively split into two separate entities, separating the football side from the business side. In this way, social partners would still technically retain ownership, while investors would be invited to buy shares in the club’s business operations. The so-called 50+1 model, the Bundesliga’s ownership rule designed to ensure members retain a majority stake in clubs, has also been debated both inside and outside the Bernabeu“, reports “Athletic”.