TA: Florentino hopes to promote Real Madrid s listing/update its valuation, and whether it can succeed remains to be seen

Hupu September 11th TheAthleticUK Real Madrid team answered the fans' questions. What is the latest news about the

Bernabeu Stadium? When will it be completed? What happens to that bar in the air? Are there any upgrade plans for the stadium?

The new look of the Bernabeu Stadium has undergone several improvements in recent months. According to the club, the stadium structural works have been completed, but some improvements are still being made, such as sound insulation modifications of the stadium for concerts and the installation of lighting equipment outside the stadium.

Because the retractable ceiling is installed on the ground of the court, the natural lighting of the lawn is not as good as that of other courts. As time goes by and experience accumulates, the club believes that the stadium can adapt to these new situations and the quality of the lawn will be good.

Meanwhile, according to the club, Real Madrid is waiting for the settlement of financing disputes between Sky Bar (VIP restaurants and nightclubs in the stadium). The specific opening date is not yet known.

I have read some rumors that Real Madrid is changing its membership-based ownership model to a model that allows external investors to participate. Is this possible? Do you think there is any basis for these rumors?

So far, Real Madrid has been owned by nearly 100,000 members. The club’s charter stipulates that only the children or grandchildren of existing members (“Members”) can become new members.

All members send representatives to the club meeting, which votes on certain resolutions every year by delegating members (1947 last year).

At the conference last November, Chairman Florentino Perez first proposed the possibility of a change, saying: "We will propose a proposal for club corporate organizations to ensure that members are the real owners of the club."

Perez did not disclose too many details, but sources close to the chairman believe that listing or valuation in a similar way to listed companies is beneficial to the club so that members can be aware of the financial impact of decisions made by other governing bodies, such as La Liga or UEFA.

Therefore, a change in the pattern is possible, but this requires a majority vote for all members, not just a representative vote. Whether members will accept the loss of power and whether this will lead to the arrival of new external owners, even if only minority shareholders, remains to be seen.