▲ 268 r/realmadrid
Florentino Pérez continues his campaign: he launches the sale of the club. The president must now convince the club members ahead of the referendum for the corporate change.
What percentage of votes in favor will Florentino need in that referendum? **The club's statutes state the following**: "Taking into account the aims pursued by Real Madrid Football Club and its legal nature, its transformation, merger or dissolution will only proceed when so agreed by an absolute majority of the members entitled to vote in a referendum called for that purpose by the Extraordinary General Assembly."
It's up to Florentino Pérez to explain, in great detail, how he intends to sell a portion of Real Madrid. And it's up to the members, once again, to have the final say on its fate.
u/ExpiringMilknCheese — 1 day ago