In a shocking press conference, Real Madrid’s president Florentino P\u00e9rez<\/strong> announced upcoming elections while also stating his intent to run for re-election to “defend the members.” This has opened up a crucial question: how much maneuverability will the club have in the transfer market, particularly regarding the potential return of Jos\u00e9 Mourinho<\/strong> and the renewal of Vinicius Junior<\/strong>?<\/p>\n The electoral process at Real Madrid is governed by Article 40 of the club’s statutes. Elections can occur under four scenarios: the end of a term, the president’s decision, resignation or disqualification, or a vote of no confidence. In this case, it falls under the second scenario, as P\u00e9rez’s term was set to run until 2029.<\/p>\n The Electoral Board has 48 hours to announce the elections publicly, followed by a period of 10 natural days for candidacy submissions. Candidates must have been members for over 20 years and must provide a personal guarantee of 15% of the club\u2019s overall budget, roughly equating to \u20ac187 million.<\/p>\n Once candidacies are submitted, the Electoral Board verifies them the following day. If any are disqualified, there are two days for appeals. In a scenario where only one candidate emerges, that individual is automatically elected, as P\u00e9rez has experienced multiple times since 2009. If multiple candidates arise, elections must take place within an additional 15 days.<\/p>\n During this election period, which could span approximately one month, how does normal club operation continue? According to Article 39 of the statutes, P\u00e9rez and the outgoing Board will retain their full functions until the newly elected Board assumes its duties.<\/p>\n Legally, P\u00e9rez and his Board could pursue both the signing of Mourinho<\/strong> and the renewal of Vinicius Junior<\/strong> during this election process; these moves amount to tens of millions of euros. However, ethical considerations might deter P\u00e9rez from committing the club to such “mortgages” for three years for the coach and five for the player, when there\u2019s uncertainty about his presidency post-election.<\/p>\n As \u00c1lvaro G\u00f3mez de la Vega<\/strong> from Jofre Sports Law explains, any contracts potentially signed by P\u00e9rez would hold legal validity, meaning any incoming candidate would be compelled to honor them. However, the feasibility of including clauses that might allow for cancellation based on a change in presidency could be limited. Such clauses might be interpreted as favoring one party unfairly, and simply changing the club’s president usually does not equate to a change in control.<\/p>\n With the World Cup approaching in the U.S., Canada, and Mexico, the urgency for Real Madrid to finalize these deals increases. The club aims to have these operations completed, potentially along with player exits, before the tournament kicks off. <\/p>\n So, can Florentino P\u00e9rez<\/strong> finalize these significant operations? Yes, he has the capacity to do so legally. Whether he should proceed is a question steeped in ethics and the greater responsibilities of a president, especially amid an election cycle. The next few weeks will reveal not only the club’s immediate future but also P\u00e9rez\u2019s legacy within Real Madrid.<\/p>\nUnderstanding Electoral Timelines<\/h3>\n
Process and Challenges<\/h3>\n
Legal and Ethical Implications<\/h3>\n
The Commerce Code Perspective<\/h3>\n
The Impact of Upcoming Events<\/h3>\n
Conclusion<\/h3>\n