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Real Madrid to Accept External Investment for the First Time in Historic Move

Business
The Will
1 min read
Real Madrid to Accept External Investment for the First Time in Historic Move

Real Madrid, under President Florentino Pérez, is planning to accept external investment for the first time in its long history. The move aims to boost the club's market value and financial strength to compete with rivals like Paris Saint-Germain and Manchester City.

Pérez outlined the proposal for a minor stakeholder to acquire approximately 5% of a newly created subsidiary company, while the club's socio members will retain control. An extraordinary assembly will allow 2,000 representatives to vote on the matter.

This strategic shift is to safeguard the club's assets and maintain control within the membership structure, amidst potential threats from external forces like La Liga President Javier Tebas.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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