The Spanish newspaper “Marca” reported today that Florentino Perez’s presidency of Real Madrid faces a difficult challenge in the coming period, especially with the upcoming elections this year. She said that the young businessman Enrique Riquelme (32 years) is considered a strong candidate that threatens Perez’s position, and may end his long career that continues in two periods, the first (2000-2004) and the second until today since 2009.
She said that one of the conditions for candidacy is to be a member for more than twenty years at Real Madrid, and to guarantee 15% of the club’s budget, which is currently estimated at 92.5 million euros. She said that these conditions are not an obstacle to Riquelme, who has roots in the Valencia region of Spain, and has achieved great success in the energy sector, especially in Latin America, through his company, Cox Energy, with an estimated value of 300 million euros.
The young businessman said that one of his plans is to expand the successes of the Real and make better use of its global fame, and he acknowledged what Peres presented over the past period, but affirms that “the time has come for change.” He said: Without a doubt, Perez is the best president in the history of Real Madrid, but time has changed and new blood is needed. The institution is required to make a big change.
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