Real Madrid CF is one of the most successful clubs in football, if not the most successful. Real Madrid Club de Fútbol, also known as the Los Blancos or commonly referred to as Real Madrid is a Spanish football club based in the Spanish Capital city Madrid.
Founded in 1902, the club has gone on to establish itself as one of the most popular clubs in the world through their works on an jyd off the football pitch. In this article we look to decipher the actual owners of the most successful club in Europe.
Is Florentino Perez the owner of Real Madrid?
Real are one of the few clubs in the world which is not owned by an individual but is a registered organisation. The owner of Real Madrid club is a group of ‘socios‘ who are effectively the supporters of the club. Although the club has a President in the form of Florentino Perez, he is not the owner of the club.
Currently, more than 90,000 ‘socios‘ exist and they collectively own the club. They pay every year a money (similar to a season ticket) to see the team and to use the sporting installations.
Among these 90,000 odd socios, the club President is chosen every 4 years by a vote to represent the fans and head the club. The President cannot inject his own personal funds into the club’s budget and they can only spend what they earn through their various sources.
These sources mainly include ticket sales, merchandise sales and television rights which form the bulk of the income of these three.
Real Madrid have suffered huge losses recently due to the Covid-19 pandemic which has cut out one of their major sources of income- the ticket sales. Games are now being played behind closed doors and the club has resorted to player sales and wage cuts to players to resolve the cash crisis at the club.
Real Madrid’s policy of making Galactico signings have taken a back seat as the club looks to build towards the future with young players. And despite Real Madrid’s troubles in finances the club has continued to perform at the very top level for the past few years.
Real boast of having a fan-base of around 450 million supporters all over the world. Real Madrid were ranked second in the Forbes’ List of most Valuable clubs in the World.
The Los Blancos have won the UEFA Champions League title a record 13 times which included a consecutive three-peat during 2016-2018. They have also won the La Liga title 33 times in their history and 19 Copa del Rey titles in their 119 year history.