Real Madrid considers selling up to 10% stake to investors

Real Madrid, the world’s most valuable football club, is planning to sell a minority stake, aiming to attract long-term investors while keeping fan members in control. The plan could also help the club determine its true market value without going public.

During the annual general assembly, Real Madrid president Florentino Pérez announced the creation of a new subsidiary to host a minority share of between 5% and 10%. The move would allow external investors to participate in the club while preserving control for existing members, who currently operate the club as a non-profit organization.

Pérez emphasized that the alternative—listing the club on the stock market—is not desired. Turning fan members into shareholders would give them real ownership and could potentially distribute a collective value of over €10 billion.

The initiative reflects growing interest in sports finance, with private equity firms increasingly investing in football clubs. Earlier this month, Atlético de Madrid sold a majority stake to Apollo Global Management, valuing the club at €2.2 billion. Real Madrid and Barcelona have historically resisted similar deals in Spain, including CVC Capital Partners’ investment in LaLiga.

Under Pérez, who has led the club since 2009, Real Madrid has won a record 15 Champions League titles and remains financially self-sufficient, relying exclusively on its own revenue streams.

This move marks a cautious step toward modernizing the club’s financial structure while balancing investor interest with fan control.