Perez promises 'major investment' if he wins Real Madrid presidency

Thursday 14 May 2009 15:44 BST
Comments
(GETTY IMAGES)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Florentino Perez, the man who turned Real Madrid from an old-fashioned soccer club into a star-studded global marketing project, announced today that he will run for president in this summer's election.

Perez will present himself for the club's 14 June vote with the intention of returning glory to the club three years after quitting his post.

"Conviction and hope lead to great projects and grand history," Perez told a packed press conference in the Spanish capital. "You can be assured that we're working on a spectacular project."

Perez led Madrid between 2000-06, when the club won two league and one Champions League trophies in the "galactico" era that featured high-priced stars like Zinedine Zidane, David Beckham and Ronaldo.

Perez's pledge each season was that the world's best would play for Madrid.

But he quit his post after the club's worst trophy drought for over 50 years when it went three seasons without silverware, shuffling through five coaches in over that time.

Perez, who said he made a mistake in stepping down, said global stars like Cristiano Ronaldo and Kaka always interested him, but did not reveal any signings. He did hint that a return to the galactico days awaited, however.

"We need to make a major investment, probably what we would do in two or three years," Perez said. "We can't sustain this situation even one minute more."

Perez is the favorite to win after Ramon Calderon resigned amid a vote-rigging scandal that the 62-year-old construction magnate believes has done terrible damage to the Spanish powerhouse's reputation.

Calderon guided Madrid to two straight league titles before his January departure following the scandal.

"In the past few years, Real Madrid has been seen and understood in a way that doesn't correspond to who we are," Perez said. "It's urgent and vital we lay the model foundations for the organization, and be ready to repulse any irresponsible or irregular acts that we may experience, as we have in recent times."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in