Tomorrow morning, Real Madrid will hold its traditional assembly of compromising members that will take place in the basketball pavilion of the Valdebebas sports city, for the second consecutive year, once again in person. As is traditional given that the very few opposition voices have not been represented in the assembly for years, no critical voices are expected and all the proposals will be approved by majorities greater than 90%. Other things would be a monumental surprise.
Despite the fact that last season has been very good sportingly (the football team won the League and the Champions League and the basketball team the League), Florentino Pérez will have to pronounce on conflictive issues, as he has already done in the meetings in ' petit committee' that he has held with some partners this week. The president of the club will have to give explanations about the fact that Kylian Mbappé did not come, something that was taken for granted a year ago, the controversial dismissal of Pablo Laso or the delay in the remodeling works of the Santiago Bernabeu, which was expected to finish for this December and whose completion date is now the end of the summer of 2023.
Probably the issue that raises the most expectations is the response that Florentino Pérez plans to give UEFA in the projected and so far failed European Super League. The white president maintains the issue in court and does not give his arm to twist, convinced that this is a battle that can be won in the long run even though they have left him practically alone. Only Barcelona and Juventus still support him lukewarmly.
Madrid feels strong in the accounts and despite having been hit by the pandemic like all clubs (the entity recognizes that it has stopped earning about 400 million euros due to the coronavirus), it will present some numbers for the approval of the assembly that They are almost talking about having overcome the crisis, with 425 million euros in cash and last year with a surplus of 13 million. EBITDA, that is, profit before taxes, is 203 million euros. Net debt stands at -263 million. The budget for this year is 779.9 million euros, still below the one before the pandemic, which was 822 million.
The partners must also approve the appointment of Amancio Amaro as the new honorary president to replace the late Paco Gento. It would be the third in modern times because Gento succeeded Alfredo Di Stéfano, the first honorary president appointed by Florentino Pérez.
