Real Madrid president Florentino Pérez has confirmed plans to revise the club’s ownership model to allow external investment for the first time in its 123-year history, while keeping control in the hands of its members. The LaLiga club has spent the past year exploring alternative ownership structures, including the introduction of a minority shareholder alongside its existing “socios” membership model.
Real Madrid is one of just four LaLiga teams still owned by members, along with Athletic Bilbao, Osasuna and Barcelona. Pérez has now outlined a plan to create a subsidiary company in which the members would retain control, while allowing a minority investor to hold around five percent of the shares. The objective is to establish a measurable valuation for the club without pursuing a full public listing.
The proposal would require approval from members. Around 2,000 representative socios are expected to vote at an upcoming extraordinary general assembly on whether the plan should proceed to a wider referendum for all members aged 18 and over. Under the new structure, each member would hold a share with a monetary value, transferable only to direct descendants. Any new external investors would be entitled to a share of Real Madrid’s income, but would not receive voting rights or control over governance.
Despite generating record revenue of €1.185 billion in the 2024/25 season, Pérez is looking for additional ways to strengthen Real Madrid’s financial position and maintain competitiveness against Europe’s wealthiest clubs, particularly those in the Premier League. Recent efforts to boost revenue have included the renovation of the Santiago Bernabéu to expand its commercial potential.
Pérez also framed the ownership changes as a way to protect the club from external pressures, particularly amid ongoing tensions with LaLiga and its leadership. Real Madrid previously declined to participate in LaLiga’s €2 billion deal with CVC Capital Partners, which gave the private equity firm a long-term share of the league’s commercial revenues.
In addition, the club is continuing to pursue legal action following the collapse of the proposed European Super League. Real Madrid believes the failed project led to several billion euros in lost revenue and is preparing to file a substantial damages claim related to those losses.
Source: Sports Pro
