History: 20 years ago on this day Florentino Pérez became Real Madrid’s president.

History: 20 years ago on this day Florentino Pérez became Real Madrid’s president.

Real Madrid has enjoyed most of the club success under the club current president Florentino Pérez who became the Madrid based club president 20 years back and till today is still on board.

Florentino Pérez Rodríguez is a Spanish businessman, civil engineer, former politician, and current president of Real Madrid, as well as Chairman and CEO of Grupo ACS, a civil engineering company.

Life history
Pérez attended the Polytechnic University of Madrid.

Pérez joined the Union of the Democratic Centre party in 1979, serving among others on the Madrid city council.[dubious – discuss]

In 1986, Pérez ran in the Spanish general elections as candidate for the Partido Reformista Democrático (Democratic Reformist Party) and served as its secretary-general.

In 1993, he was named vice president of OCP Construcciones. After the fusion of OCP with Gines y Navarro into Actividades de Construcción y Servicios, S.A. (ACS) in 1997, he became president of the new company.

As of 2018 he leads Grupo ACS,Spain's largest construction company, and has a net worth of $2.3b

Real Madrid history
Florentino Pérez took over as president in 2000, beating the current chairman at that time, Lorenzo Sanz. Sanz assumed that the recently won European Cups in 1998 and 2000 would give him enough credit to win the elections, but Pérez's campaign, once again highlighting the financial problems of the club and claims of mismanagement by the previous boards, proved otherwise. Pérez's promise to bring in Luís Figo from arch-rivals Barcelona also played a decisive role in the elections. Pérez was reelected in 2004 with 94.2% of the total votes.

On 14 May 2009, Pérez announced his candidacy for president of Real Madrid in a press conference at the Hotel Ritz Madrid.[9] On 1 June 2009, given that he was the only candidate able to provide the €57,389,000 guarantee necessary to run for the presidency, Pérez was announced as the new president of Real Madrid.

Pérez has continued with the Galácticos policy pursued in his first term. On 8 June 2009, he bought Kaká from Milan for just under £60 million,[12] while on 11 June, Manchester United accepted an £80 million offer for Cristiano Ronaldo, which would once again break the world record. On 25 June, Pérez and Real Madrid announced the signing of Valencia centre-back Raúl Albiol for €15 million.[13] On 1 July, Pérez bought Karim Benzema from Olympique Lyonnais for a fee of at least £30 million, which could rise to £35 million, depending on the player's success.

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