Categories: Football

The guarantee to compete against Florentino is 124 million

Candidates for the presidency and members of the Real Madrid Board of Directors must present a bank pre-guarantee that guarantees equivalent to 15% of the club's expenses budget plus amortizations and derivative financial expenses. This pre-guarantee for the next elections amounts to 124 million euros. This is the amount that the candidates to dispute the throne of Madrid to Florentino Pérez must guarantee, who aspires to renew as head of the Club for at least four more years.

The Electoral Board will formalize the beginning of the term of presentation of the candidatures. When this has happened, there will be a period of ten days for the presentation of the lists. It is necessary to meet a series of requirements to stand for election: in addition to the guarantee of 124 million euros, it is mandatory to demonstrate, at least, 20 years of seniority as a partner to be a candidate for president. If only the candidacy of Florentino Pérez is presented, he could be proclaimed president four more years before the end of the month.

On previous occasions, the current president waited until the end of the season, in June, to call the polls. This season has advanced the electoral call for strategic reasons that have to do with the renewal of the team. In this point, Florentino is working right now on the possible hires of Mbappé and Haaland. Curiously, the position of the family and guardians of the French player clashes with that taken by the representative of the Norwegian, with whom the president has not met personally nor does it seem that he plans to do so in the short term.

Another pending issue on Florentino's agenda is the renewal of Ramos, which is poisoning himself. Since the meeting that both held in Elche on December 30, absolutely nothing has progressed. And finally, the great illusion of Florentino is to show his pride as a madridista in what will be the best presentation of the decade, that of the new Santiago Bernabéu stadium.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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