Aguirre and Botín finance the signings of Kaka and Cristiano Ronaldo
Many people have asked in the last week of where Florentino Pérez is taking out in this time of crisis the money to finance his new mega project in Real Madrid.
The answer is clear: the banks; the same ones that are denying loans to SMEs and families.
Caja Madrid, whose real control is held by the president of the Community of Madrid, Esperanza Aguirre, and Banco Santander, chaired by Emilio Botín, have not hesitated to lend, between them, 150 million euros to the white club, which has used the money to sign his first two galactic: Kaka (67 million) and Cristiano Ronaldo (94 million).
It is curious to see that the board of directors of these entities has approved the loan if we take into account that in the first quarter of the year they have lost money due to delinquency.
In addition to the granting of these loans, Florentino is preparing a new “pelotazo” with the construction of some four thousand underground parking spaces in the Santiago Bernabéu. Will ACS, the construction company that presides, be the concessionaire for the execution of the work? Bet on it.