International News - Valladolid Lose ´Sugar-Daddy´.


Its been confirmed that a new man has taken over as President of Real Madrid as least on a temporary basis until elections are held. Florentino Perez has had enough of spending a fortune ( outgoing funds - 424 Euros, £285m in 6 years ) and never winning anything except top place in the ´Earnings League'. ( OK, he won the league twice and the Champions League once and the Spanish Supercup twice and the European Supercup and the Intercontinental. But apart from that nothing).

Lots of lovely quotes in the papers including the priceless, ´Fed up with the players´( obviously not spending enough time in the shop signing autographs), but a quote that had captain Raul strangely uptight and responding by asking him to name names.

Recent performances seem to have been the main cause with the Arsenal shaming at the BernieBow followed by a 2-1 away defeat at struggling Mallorca.

So Perez has done the honourable thing ( a Spanish idea - long since missing from English politics) and resigned. Unfortunately, the new man is no less that Fernando Martin, a very weathly estate agent ( with Spain currently resembling a building site wherever you look, its full of rich estate agents ) that as native of Valladolid has long been rumoured to be on the verge of buying the improvished club of his native city. So I guess this potential Sugar-Daddy has now regretfully passed us by.