Who is the owner of Real Madrid football club? the most successful team in European history? As they currently hold a record 14 continental trophies, and there will be plenty of opportunities for them to add to that haul in 2022/23. We can say that without the investment of the owner, it’s a challenge for Real Madrid to have that success.
Behind Real Madrid’s Successes
Despite its seven European titles since the beginning of the millennium, Real Madrid is an anomaly in the world of contemporary club football. Real Madrid has not been up for sale despite record-breaking deals involving the purchase of other teams throughout the world.
The reason for this is because Real Madrid is not owned by a single entity. The supporters group now has full control of the team. Supporters of the team, known as "Madridistas," can actually buy shares of the club, which is unusual in the current club soccer financial boom.
Real Madrid Owner Name
Florentino Perez, a prominent Spanish businessman, serves as Real Madrid's president and oversees day-to-day operations, although he is accountable to the club's fans.
In today's issue of The Sporting News, read all about Real Madrid's unique ownership structure and how the club has managed to keep it afloat despite its meteoric climb to global prominence.
Real Madrid Owner - Florentino Perez
The Spanish giants Real Madrid are among the few remaining big fan-owned clubs in international soccer.
There isn't a single entity or group of individuals who own the Spanish giants. Fans can, alternatively, join the club for a fee. The annual dues are only €150, and members are referred to as "socios." After 50 years of membership, the fee is no longer required.
There were 60,000 members of the club as of 2010, while some estimates put that number at 90,000 or more.
Most major South American clubs, including Corinthians, Santos, Palmeiras, Gremio, Flamengo, Sao Paulo, Atletico Mineiro, Fluminese, River Plate, Atletico Penarol, and all Argentine clubs, are also fan-run organizations of considerable size.
Real Madrid’s Net Worth
With a valuation of $5.1 billion, up 7% from the previous year, Real Madrid is once again the most valuable soccer team in the world. That's mostly because of the huge sums of money made at European soccer tournaments.
Almost $100 million is on the line if Real Madrid sets a new record by winning their 35th domestic league title in 2021-22 and making history by reaching their eighth Champions League final (to be contested this Saturday vs. Liverpool).
How Actually Rich Florentino Perez (Real Madrid Owner) Is
Florentino Perez, now 75 years old, is a Spanish businessman, politician, and the current club president of Real Madrid. He has held this position since 2009 and before from 2000 to 2006.
As the former head of Spain's largest construction company, Perez came to Real Madrid from the field of civil engineering. In addition to his work in the Democratic Reformist Party in Spain, he served in the municipal council of Madrid and as the Minister of Public Works and Transport of Spain.
Every four years, the “socios” hold elections for club leadership, and Perez was first elected in 2000 after defeating Lorenzo Sanz. The Spanish manager devised the "Galacticos" program to annually recruit a superstar player. That's why the club attracted superstars like Zinedine Zidane, David Beckham, Ronaldo, Michael Owen, and Luis Figo.
After resigning in 2006 and arguing that the club needed a fresh path, Perez ran for president again in 2009 and was easily re-elected. Since then, he has successfully been reelected to the presidency in 2013, 2017, and 2021.
How To Become A “Socio”
The fan-led group of club owners at Real Madrid is made up of club owners known as "socios," which roughly translates to "partner."
The members choose the president and board of directors of the association. Florentino Perez, Real Madrid's current president, was first elected to the position in 2000 and re-elected in 2009.
Socios have always held positions of power at Real Madrid, from the club's creation till now, even after the socio purge of 1992. It was a requirement under Spanish law at the time for all teams to register as PLCs, but successful ones, like Real Madrid and Barcelona, found a way around it by demonstrating sustained profitability over a five-year period.
Every Soc is a full member with voting rights and priority ticket purchasing at the club. Each club member votes for two representatives to serve on the club's 2,000-person Member Assembly, which is responsible for approving the club's budget, disciplining the president, and authorizing loans.
Elections to the Member Assembly are for four-year periods. The path to "socio" status is arduous at best. A potential member of Real Madrid must have the endorsement of two current members in addition to completing the online form.
There is a waiting list, and many potential members say it's quite long because the only way to get in is if someone else leaves or is kicked out of the club or if more membership slots are added. To lose one's membership and associated benefits, one must either voluntarily stand down from their position or pass away. You can't resell or transfer your membership in any way.
Conclusion
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