Real Madrid plan a November vote on outside investment to reform club ownership.
Real Madrid are reportedly planning a major ownership change to allow outside investors to buy stakes in the club, The Athletic reports. The Spanish giants, currently owned by their socios (members), are exploring a split between the football side and a business arm where investors can purchase shares.
President Florentino Perez, who has led the club since 2009, had earlier hinted at a proposal to “secure our future” while ensuring “effective control of the club always remains in the hands of its members.”
Although Real Madrid recorded over €1 billion in revenue during the 2023/24 season, Perez believes the current model limits competitiveness in the transfer market. The proposal will reportedly be presented at the club’s November general assembly, where socios will decide through a referendum.
If approved, it could mark the most significant governance shift in Real’s history.

