Real Madrid's Perez proposes creating subsidiary of club, selling 5% stake

Soccer Football - FIFA Club World Cup - Group H - Real Madrid v Al Hilal - Hard Rock Stadium, Miami Gardens, Florida, U.S. - June 18, 2025 Real Madrid president Florentino Perez before the match REUTERS/Hannah Mckay

MADRID (Reuters) -Real Madrid President Florentino Perez proposed creating a subsidiary of the club's ownership structure in which a 5% stake could be sold to an external investor, during the club's general assembly on Sunday.

Perez will seek to reform the club's bylaws to allow for such an adjustment in an extraordinary general meeting and a referendum in the near future, he added.

(Reporting by Fernando Kallas, Ana Cantero and Andrew Gonzalez, writing by Aislinn Laing and Charlie Devereux)