So Madrid are voting on the 24th (iirc) for the sale of a 10% stake of the club.
If the accounts were as rosy as the cooking of the books show they are, this wouldn't even need to be done. Make no mistake.
The real question is how is a team so desperate for money that they will consider selling part of their club for the first time in their history, is able to have the highest net spend in Europe outside of the EPL and PSG, under Tebas' strict FFP Rules ?
Either Madrid have cooked their books, or those books were looked at by Tebas differently to everyone else's book.
Example number 5,738 that all their ' achievements ' should be taken with a pinch of salt.
German Real forum speculates, that it would give Perez some tools to appoint a successor, instead of relying on a election. Perez leads Madrid like a dictator and made challenging his presidency nearly impossible for anyone. So it wouldn't surprise me, if it's some move to strengthen his rule, by appointing a puppet as CEO he can control after his official time. A bit like Bayern with appointing Hainer as president and everybody knows he calls Hoeneß on any bigger decision to ask his permission.So Madrid are voting on the 24th (iirc) for the sale of a 10% stake of the club.
If the accounts were as rosy as the cooking of the books show they are, this wouldn't even need to be done. Make no mistake.