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Real Madrid Presidency: Riquelme Secures €194M Guarantee to Challenge Pérez

The upcoming Real Madrid presidential elections are heating up, as Spanish media reports that prominent businessman Enrique Riquelme is closer than ever to officially entering the race.

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According to “El Confidencial”, Riquelme has already secured the necessary €194 million bank guarantee, a mandatory requirement to formalize a candidacy for the presidency of the world’s most successful club.

The “Renewable Energy Tycoon” Weighs In

The 37-year-old billionaire, often dubbed the “renewable energy shark,” is still evaluating his timing. Speaking recently, Riquelme noted:

“There is very little time left to organize something of high quality. I will decide in two or three days. If we enter the race, it will be incredible for the future of Real Madrid over the next 10, 15, or 20 years.”

Deadline and Election Date

Riquelme has until Saturday, May 23, to officially submit his candidacy. Failure to do so would result in Florentino Pérez winning by acclamation, extending his tenure to potentially over two decades. If a challenge is formalized, the elections are scheduled to take place on June 7.

Known for his active presence since 2020, Riquelme has previously teased ambitious plans for the club, including a promise to bring Erling Haaland to the Santiago Bernabéu should he ever take the helm.