Perez to remain as Real Madrid president until 2021

If, as expected, no candidate presents a bid before Sunday's deadline, Perez will be confirmed on Monday as president until 2021, further cementing his rock solid position as head of the European and Spanish champions.

Perez in his fifth spell has been at the helm of the Spanish capital club since 2009 and overseen three European titles added to the trophy cabinet during this period.

Madrid also confirmed the make-up of the club's board of directors.

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Sid Lowe breaks down the report that Cristiano Ronaldo wants to leave Real Madrid amid tax fraud accusations. This has ensured Perez will continue his presidency for a third successive mandate and fifth overall.

Perez first became Real president in 2000, seeing off incumbent Lorenzo Sanz by promising to lure winger Luis Figo from bitter rivals Barcelona, which he quickly delivered on by bringing the Portuguese global to the Spanish capital for a then world record fee of 62 million euros.

Florentino Perez is set to continue as Real Madrid president for another four years.

However, despite signing some of the world's finest players, results on the pitch weren't satisfactory and - despite massive increases in marketing revenue - Perez resigned in 2006, conceding that the club would benefit from a new direction.

Perez employed six managers during his first spell, as Real won two La Liga titles and the Champions League.

Perez was not away for long, though, and returned in 2009, immediately making his mark on the club again by signing Kaka and pushing through the deal for Cristiano Ronaldo agreed by previous president Ramon Calderon.

Madrid have gone from strength to strength in recent years and last season became the first club to retain the Champions League crown, as well as winning LaLiga for the first time since 2012.

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