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Real Madrid Delays Governance Overhaul, Outlines Minority Investment Vehicle

Pérez set an early‑2026 extraordinary assembly to decide a member‑shareholder plan routed through a majority‑owned commercial company.

Overview

  • Florentino Pérez postponed any statutory reform at the ordinary assembly and will bring it to a dedicated vote in early 2026.
  • Real Madrid plans a majority‑controlled commercial subsidiary to attract outside capital without becoming a Sociedad Anónima Deportiva.
  • Pérez said an investor could take 5%–10% via the new vehicle, with the club’s valuation cited around €10 billion and key asset transfers still unspecified.
  • The club presented audited results showing €24 million profit, €1.185 billion in revenue, €598 million in net equity and €166 million in cash.
  • Pérez vowed to seek multi‑billion damages from UEFA over the Super League dispute, criticized LaLiga and Javier Tebas over the Miami match and the CVC deal, and reiterated claims about Barcelona’s payments to Enríquez Negreira.