New Delhi, Nov. 25 -- Real Madrid president Florentino Perez is considering allowing investors to buy a stake of up to 10% in the club, and insisted the Super League remains an "indispensable project" for the future of soccer.
Speaking to club members at the club's general assembly on Sunday, Perez said he will propose a statutory reform during an extraordinary assembly to allow for the possibility of outside investors to take a minority stake in the club.
"We will continue to be a members' club, but we must create a subsidiary in which the 100,000 members of Real Madrid will always retain absolute control," he said. "On that basis, this subsidiary could simply incorporate a minority stake, for example, 5% - never more than 10% - from o...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.