*** Florentino Perez to Seek Re-Election as Real Madrid President | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Florentino Perez to Seek Re-Election as Real Madrid President

Real Madrid president Florentino Perez has announced new club elections and confirmed that he will stand again for the presidency, rejecting speculation that he could step down after a disappointing season.

Speaking at a press conference on Tuesday, the 79-year-old made it clear that he has no intention of leaving his role at the Spanish giants.

“I am not going to resign,” Perez said as pressure mounted following a campaign in which Real Madrid are set to finish without a major trophy.

The veteran football executive has led the club through some of the most successful periods in its history, overseeing multiple Champions League and La Liga triumphs across two separate spells as president.

However, this season has proven difficult for the Madrid side, with the team falling short in domestic and European competitions despite high expectations and major investment in the squad.

Perez did not provide details on potential challengers in the upcoming election but insisted he remains committed to continuing the club’s long-term sporting and financial projects.

Under Perez’s leadership, Real Madrid have become one of the most financially powerful clubs in world football, while also pursuing major redevelopment projects including the transformation of the Santiago Bernabéu Stadium.

The announcement is expected to spark fresh debate among supporters over the future direction of the club as Real Madrid prepare for a major rebuilding phase ahead of next season