An owner who isn’t afraid to spend

FLORENTINO PEREZ isn’t afraid to spend.

In his last tenure as president of Real Madrid Perez went through four directors of football, six coaches, 20 players – and a whopping €517 million in three years, as he introduced the world to the ‘galactico’ approach to team-building, in which he signed mega-stars to achieve success.

A building magnate, Perez is worth approximately €1.3 billion and owns 12% of Spain’s largest construction company, Actividades de Construccion y Servicios S.A., which he has headed since 1993.