The Athletic's Real Madrid team reporter Guillermo Rai answered a fan's question in the TA column, talking about the possibility of Real Madrid changing its ownership model.
fan Daniel T asked: "I read some rumors that Real Madrid is going to change its member-based ownership model to a model that allows external investors to enter. Is this possible? Do you think there is any basis for these rumors?"
Guillermo "Until now, Real Madrid has been owned by nearly 100,000 members. The club's charter states that only the children or grandchildren of existing members can become new members. All members have the right to represent the club conference, which passes representatives (1947 last year) to vote on certain decisions every year."
"At the November conference last year, Real Madrid President Florentino Perez first proposed the possibility of change, saying at the time: 'We will propose a proposal for the corporate organization of our club to ensure that members are the real owners of our club. ’ ”
"Florentino didn’t reveal much details, but sources close to him believe that having the club go public or value in a manner similar to a listed company would be beneficial for the club so that members can recognize the financial impact of decisions made by other governing bodies, such as La Liga or UEFA. "Therefore, a model change is possible, but it requires the majority consent of all members (not just on behalf of members). Whether members will accept the weakening of power and whether this will lead to the joining of new external owners—even as minority shareholders, remains to be seen." ”
source:7m cn live vn