Real Madrid prepares to sell stake to investors
Spanish football club’s president Florentino Pérez lays out landmark plan to bring in outside shareholders
Spanish football club’s president Florentino Pérez lays out landmark plan to bring in outside shareholders

Member-owned Spanish club could bring in external investors as some fans voice opposition to idea of a stake sale

Strict transfer spending rules linked to income are forcing clubs to chase growth off the pitch

Club plans claim after court upholds ruling that governing body abused position by blocking breakaway competition

Deal for Spanish team is private capital group’s first major sports acquisition since forming a $5bn investment vehicle

But it relies on a host of rosy assumptions going in investors’ favour

US group in advanced talks to show one top-flight Spanish game a week, signalling a drive for live sport