Real Madrid fans split over plan to overhaul club members-only ownership model to external investment for first time.


Graham Keeley is a freelance journalist who has covered Spain for the past 16 years for a series of newspapers including The Times, The Independent an... d Sunday Times. In that time, he has reported on how Spaniards survived the deep economic crisis, the Catalan independence drive and the rise of the far-right party Vox.
Real Madrid fans split over plan to overhaul club members-only ownership model to external investment for first time.

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![Spanish Prime Minister Pedro Sanchez speaks during a news conference at the Spanish Embassy in Beijing, China April 11, 2025 [Tingshu Wang/Reuters]](/wp-content/uploads/2025/04/2025-04-22T120945Z_1805516924_RC2IVDAIYHEQ_RTRMADP_3_SPAIN-DEFENCE-1745499377.jpg?resize=270%2C180&quality=80)
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