Perez said the membership-owned structure will remain in place but argued that a small external stake could strengthen the club. 'If someone is willing to invest significant amounts of money for a symbolic stake, this is the greatest demonstration of Real Madrid's value,' he told members, adding that any investor must respect the club's values and contribute to its long-term growth. Real Madrid is one of only four major Spanish clubs still owned by its members. About 2,000 of those members serve as delegates responsible for electing the president, approving accounts, and voting on structural changes. The move comes as private equity firms increase their presence in European football. Earlier this month, Apollo agreed to become the majority shareholder in Atletico Madrid, joining a series of international investors drawn to stable, predictable revenue streams in elite football. Real Madrid reported '1.19bn in revenue for the 2024/2025 season, the only club globally to generate more...
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