Florentino Perez has become the new president of Spanish giants and European powerhouse Real Madrid.
Perez was the only candidate running for the Madrid presidential hotseat and he has now been officially confirmed as the new president of the 31 times Spanish champions. This would be Perez’s second stint in charge of the club as he was the president of madrid from 2000 to February 2006.
A statement on the official website of Real Madrid reads:
“It is now 00:01 on 1 June 2009, making the deadline to make a bid for the Election to the Presidency of Real Madrid officially over. The Electoral Board wishes to announce that following Point 2 in Section E of Article 40 of the club’s Statutes, given that only one bid has been made, D. Florentino Perez has been proclaimed as the new president of Real Madrid.”