According to The Athletic, Real Madrid is preparing for a potential revolution in its ownership model. For the first time in its 123-year history, the club is reportedly exploring the possibility of selling stakes to external investors — a move that could redefine the way the world’s most successful club is managed.

The initiative comes from Florentino Pérez, who believes that opening Real Madrid to private investment could be the only way to stay competitive against state-owned football giants such as Manchester City and PSG. The plan will be detailed at the club’s upcoming General Assembly, set to take place next month, and will reportedly present several options for capital injection. Still, Pérez intends to retain full control over all sporting and strategic decisions, ensuring the club doesn’t lose its member-based identity.

While no specific numbers or percentages have been disclosed, the concept itself has already sparked intense debate among Madridistas. This would mark the first time in over a century that Real Madrid’s 100% member-owned structure could be altered — even partially.

Florentino has long voiced concern about the changing financial landscape of modern football, and this move suggests he’s ready to guide the club toward a new era of economic power, even if it means drifting away from the traditional model cherished by fans.

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