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Perez to stand for re-election as Real president

Perez to stand for re-election as Real president

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Real Madrid president Florentino Perez has stated he will seek to retain his position after announcing that elections will be held on June 16.

Real Madrid president Florentino Perez has stated he will seek to retain his position after announcing that elections will be held on June 16.

Perez made the announcement on Monday at a press conference in which Jose Mourinho’s departure as coach was confirmed. “As per article 38.b of the club’s statutes, as president of Real Madrid I’ve spoken to the board members to inform them we can now open the electoral process for Real Madrid president,” said Perez. “Elections will be held on June 16 and I’ve decided to run for re-election.”

It is believed that Perez will run unopposed in the election after returning for a second spell as president of the Primera Division giant in June 2009. Having overseen the infamous ‘Galactico’ era during his first period at the helm from 2000 to 2006, Perez’s second term in office has also been marked by heavy spending in the transfer market, most notably the Eur96 million used to acquire Cristiano Ronaldo in the summer of 2009. On the pitch, Real has landed only one Primera Division title during the past four seasons, in 2011-12, while the club has been knocked out of the UEFA Champions League at the semi-final stage in each of the past three campaigns.

Perez’s declaration comes after FC Barcelona president Sandro Rosell last month stated his intention to remain at the helm of Real’s arch rival beyond the end of his current six-year term in 2016. Rosell confirmed his intention to stand for re-election after helping to turn around the finances of the club by reducing debt and increasing revenues since succeeding Joan Laporta in 2010.

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