Overview
- Florentino Pérez told the annual assembly that the club will create a new unit to sell about 5% to an external investor to establish a market valuation.
- Pérez said the stake sale would be a simpler alternative to going public, which the club does not intend to pursue.
- The plan contemplates converting members into shareholders, with details to be voted on at an extraordinary meeting.
- Reports earlier suggested consideration of allowing up to 10% external ownership, but Pérez outlined a smaller initial tranche.
- The discussion follows Apollo’s recent majority purchase of Atlético de Madrid and builds on Real’s 2022 €360 million Bernabéu development deal with Sixth Street.