Real Madrid president resigns

Tue, February 28th 2006

Real Madrid president Florentino Pérez has resigned, to be replaced by vice-president Fernando Martín.

Despite big name (and money signings) of Zidane, Ronaldo, Beckham, Figo and Robinho (amongst others), the club have not won a major trophy since 2003 and are in danger of another barren season unless they can overturn a 1-0 deficit to Arsenal in the Champions League.

One positive for Pérez has been Real recently overtaking Manchester Utd as the richest club in the world.

From: Guardian Football

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