Unopposed, yet ineffective?

What a difference a year (and two league titles - in football and basketball) makes. All through last summer, after the disputed election result, and even into the AGM in December, Ramón Calderón's authority, and even his legitimacy as president of Real Madrid was constantly called into question.

On Sunday, Real Madrid held their AGM and approved, by an overwhelming majority, the accounts for last year, which showed the club had a healthy balance sheet, although also a significant amount of debt (not necessarily a major issue in an entity of this size).

Read the full article at All in White.

All in White @ Sep 19, 2007 5:05 AM EDT | Blog Profile