Under the plan, a minority investor would be brought in with a stake of ‘5% or a maximum of 10%’ — a major shift for a club that has maintained a member-owned model for its entire 123-year existence, mirroring long-standing rivals FC Barcelona.
The proposal is expected to be presented for approval at an extraordinary assembly, reportedly scheduled for early 2026.
‘We want our historic structure to withstand the challenges of the future, and now more than ever, we need our 100,000 members to actively be the guardians of our heritage,’ Pérez told the club’s general assembly. He emphasised that the socios would continue to hold ‘absolute control’ over all major decisions.
“Being a Real Madrid socio will not have just emotional value but also economic value,” he said.
“During these months, we have reflected deeply on how to make visible the value of Real Madrid and the conclusion is clear. We will continue to be a members’ club, but we will form a subsidiary company in which the socios maintain control, but with a minority shareholder with five per cent or so.”
Real Madrid´s statutes states that any “transformation, fusion or extinction requires an absolute majority of socios with the right to vote in a referendum called by an extraordinary general assembly”.
We’re going to call an extraordinary assembly of socios to get support for a referendum so that all socios can decide on this,” said Perez.
Perez also defended the proposed Super League, describing it as ‘essential’ for the future of European football, and welcomed what he called the ‘end of UEFA’s monopoly’ after a Madrid court ruled that Europe’s governing body had misused its dominant position in blocking the proposed breakaway competition.
Real Madrid is Spain´s most successful football club with 36 Liga titles as well as a record 15 UEFA Cups.