🔎 From law to law: how Real Madrid plan to change their statutes | OneFootball

Real Madrid has launched an ambitious statutory reform to "shield" the club's ownership and assets, a strategy driven by the board in response to what it considers a direct "attack" from LaLiga.

Where does this come from?

The alarm was raised after an attempt to introduce amendments that, according to president Florentino Pérez, sought to transfer commercial revenues to LaLiga without the members’ knowledge. This was interpreted as a risk of decapitalization that threatened the club’s historic model.

A subsidiary as the core of this corporate change

To protect its assets, the roadmap focuses on a key corporate restructuring: the creation of a subsidiary. The goal is clear: to ensure that Real Madrid’s members remain the owners of this structure, guaranteeing the entity’s control and independence.

There will be a valuation... but no stock market listing

As part of the protection plan, the introduction of a minority subsidiary (about 5%) through a strategic investor is being considered. This move is mainly aimed at valuing the club, with the crucial clarification that the entity has no intention of going public.

Referendum: all members will have a vote

The process will be completely democratic. The proposal will first be presented to an Extraordinary Assembly of Delegates and then to a referendum where all members can freely express their opinions.

The member, with reinforced rights

Essentially, the reform does not seek to restrict rights, but to strengthen them. Pérez promises that the membership card will have a "tangible and real value" and that measures will be adopted to ensure the continuity of family ownership, thus shielding the club from falling into external hands and ensuring that members will be "even more owners."

A Madrid of its members for another 100 years

"Now the club belongs to the members and when we die, we are buried and leave nothing to anyone. We leave behind a treasure and I want it to belong to the children and grandchildren for the next 100 years". A phrase with which Florentino Pérez wants Real Madrid to preserve its essence.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.

📸 THOMAS COEX - AFP OR LICENSORS