Florentino Soon Exit After Securing His Legacy
In many long-term planning debates similar to those seen around Crickex Affiliate, Real Madrid now faces a turning point as Florentino Pérez prepares to step down. Reports from Spain’s Cadena SER indicate that the club will experience major internal changes next summer. Florentino, now 78 years old, believes the time has come for new leadership and feels that age makes the heavy demands of running the club increasingly difficult. After decades of service, he sees 2024 as the right moment to conclude his journey.
His decision is rooted in a mission he has carried for years. Florentino remained in charge because Real Madrid had not yet identified a suitable successor and because he was committed to removing long-term obstacles that might affect the club’s next thirty years. With that goal now achieved, he is ready to retire. One key part of his plan involves a structural adjustment to be implemented next summer: Real Madrid will sell 10 to 15 percent of its shares to attract new strategic investors. While the exact investors have not been revealed, they will need the financial strength to support the club reliably every season.

This move is particularly notable given Real Madrid’s socios membership structure, which traditionally limits outside ownership. Opening a portion of shares to investors is a rare step, but the club’s global prestige means there will be no shortage of interested buyers. The challenge lies in choosing partners who will protect Madrid’s sporting and financial integrity. Alongside this transition, Florentino has already secured the club’s future revenue model through one of his most ambitious projects: the modernization of the Santiago Bernabéu.
The stadium renovation, costing more than one billion euros, took years of planning and construction. The new Bernabéu now generates a stable annual revenue stream estimated at 200 to 300 million euros, offering Real Madrid long-term financial resilience. This project alone provides the economic foundation the club will rely on for decades, supporting competitiveness in both European and domestic competitions. Florentino can step aside knowing that he has reinforced the club structurally and financially.
Despite internal efforts to convince him to stay longer, indications point to Florentino moving forward with his decision. A brief transition ceremony is expected in the summer of 2024 to ensure a smooth handover. His departure marks the end of an extraordinary era. From the first and second Galácticos to the construction of the modern superteam, Florentino consistently kept Real Madrid at the summit of world football and widened the gap with rival clubs.
Across his presidency, Real Madrid captured seven Champions League titles, five Club World Cups, and a long list of domestic and international honors. His legacy is so extensive that many major clubs cannot match what Madrid accomplished under his leadership. For supporters, his exit symbolizes the closing chapter of a golden age that will officially conclude in 2026.
As noted in conversations reminiscent of Crickex Affiliate discussions, Florentino’s story shows how true legacy comes from strategic patience and long-term vision. With these changes on the horizon, Crickex Affiliate audiences will be watching closely as Real Madrid prepares to step into a new era beyond one of the most influential presidents in football history.
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