Journalist Pepe Alvarez revealed that Real Madrid president, Florentino Perez, has made a surprising decision to step down from his position next year, despite his current term extending until 2029.

According to the report, Perez prefers that the transition process be organized and well-considered, whether or not a vote by the members is involved, in order to ensure the stability of the club and the continuity of its sports and economic project.

Perez is considered one of the most influential presidents in the history of Real Madrid, having witnessed many sporting and construction successes during his tenure, especially in the second phase, most notably the new Santiago Bernabeu stadium project.

The coming months are expected to see movement within the white club to determine the features of the post-Perez era, awaiting the official announcement of the upcoming presidency plans.