June 8, 2026 12:00 PM

Perez wins Real Madrid vote to extend reign after rare election challenge

Florentino Perez survived Real Madrid's first genuine presidential contest in two decades in the early hours of Monday, securing four more years at the helm but with more than a third of voting members backing a challenger who attacked his ownership plans. The 79-year-old Spanish construction magnate was acclaimed as the winner by Real Madrid TV, while his rival, renewable energy tycoon Enrique Riquelme, conceded defeat a little over one hour ahead of the official tally. Perez won 65% of the v...