MADRID
\nFlorentino Perez survived Real Madrid\u2019s first genuine presidential contest in two decades in the early hours of Monday, securing four more years at the helm but with more than a third of voting members backing a challenger who attacked his ownership plans.
\nThe 79-year-old Spanish construction magnate was acclaimed as the winner by Real Madrid TV, while his rival, renewable energy tycoon Enrique Riquelme, conceded defeat a little over one hour ahead of the official tally.
\nPerez won 65% of the vote, the club\u2019s official count showed, while Riquelme took 35% of a total of 33,555 members who voted at Real\u2019s Valdebebas training ground on the outskirts of Madrid on Sunday.
\n\u201cI would like to congratulate Florentino Perez\u2019s campaign on its victory. Real Madrid will not go another 20 years without an election,\u201d Riquelme told reporters.
\nPerez called the election on May 12 despite having two years left on his mandate, after a second straight season without silverware for the record 15-times European champions and with arch-rivals Barcelona retaining their La Liga title.
\nHe declared the result \u201cextraordinary\u201d in a victory speech at a hotel in the Spanish capital and said Real had \u201cset an example to the world of transparency and harmony\u201d.
\n\u201cThis has been a great day for Real Madrid. We have won across the board, that is to say, across all age groups. And we have achieved the second-best result in the history of Real Madrid elections,\u201d Perez said.
\nPerez first became Real president in 2000 and had renewed his mandate five times since 2009 by running unopposed. The club had not held a formal presidential vote since 2006, when Ramon Calderon won by a narrow margin.
\nIn the build-up to Sunday\u2019s vote, Perez promised to appoint Benfica manager Jose Mourinho and said he would spend 150 million euros on an unnamed player to be revealed on Tuesday, a fee that would represent a club record.
\nHe also said defenders Ibrahima Konate and Denzel Dumfries would be his first signings if elected.
\nBenfica acknowledged Perez\u2019s interest in Mourinho in a statement to Portugal\u2019s CMVM market regulator, saying any move to appoint the Portuguese coach would require payment of 15 million euros to terminate his contract.
\nRiquelme had tried to unseat Perez with pledges to sign Manchester City pair Erling Haaland and Rodri, while pitching himself as the candidate who would bring members closer to a club he said had drifted away from them.
\nHe promised to turn Valdebebas into a social hub featuring a hotel, swimming pools, a gym and a 15,000-capacity arena for Real Madrid\u2019s basketball team that could also host concerts.
\nHis campaign also targeted Perez\u2019s proposal, raised last November, to create a subsidiary that would allow outside investors to buy a stake of around 5% in the club. Riquelme said he \u201cvehemently rejects\u201d the plan and accused Perez of wanting to \u201cprivatise the club\u201d.
\nPerez has said Real\u2019s member-owned model would remain intact and that membership would have \u201ca real and tangible value\u201d. Any change to the club\u2019s statutes would require approval at an extraordinary general meeting.
\nReal posted 2024-25 revenue of 1.19 billion euros and are valued by Forbes at $6.75 billion, the highest in world football.<\/p>\n","protected":false},"excerpt":{"rendered":"
MADRID Florentino Perez survived Real Madrid\u2019s first genuine presidential contest in two decades in the early hours of Monday, securing four more years at the helm but with more than a third of voting members backing a challenger who attacked his ownership plans. The 79-year-old Spanish construction magnate was acclaimed as the winner by Real …<\/p>\n","protected":false},"author":4,"featured_media":98777,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/98759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=98759"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/98759\/revisions"}],"predecessor-version":[{"id":98778,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/98759\/revisions\/98778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/98777"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=98759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=98759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=98759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}