Real Madrid president Florentino Pérez has said he will propose a “corporate reorganisation” of the club, with members to vote on whether a change in ownership structure is necessary to protect its financial assets.
Madrid are one of just four Spanish clubs — with Barcelona, Athletic Club and Osasuna — which remain member-owned, and weren’t obliged to become public limited companies under a 1990 law.
In a 90-minute speech to the club’s annual assembly, Pérez claimed that a dispute with LaLiga over the CVC investment deal — which saw other clubs receive a total of €2 billion in exchange for future broadcast income — and the way the league collectively negotiates TV rights meant that a new structure was needed to guarantee the club’s independence.
“We’re working on defending ourselves on attacks on our…
