When madrid
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Perez Could Face His First Presidential Election Rival At Real Madrid Since 2009
Florentino Perez: Real Madrid appears set to have more than one candidate in its presidential election for the first time since 2009, after Enrique Riquelme implied he would stand against incumbent president Florentino Perez, despite admitting he had been caught off guard by Perez's decision to call elections last week.
Perez, 79, called the election just 16 months after being re-elected for a fourth term since returning to power in 2009. Since then, no rival candidate has emerged, partly because of the strict requirements imposed on challengers.
Potential candidates must be Spanish, have been club members for at least 20 years, and provide a bank guarantee worth 15 percent of the club's annual budget, estimated at around 215 million U.S. dollars, reports Xinhua.
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