Barcelona and Real Madrid could be forced away from fully member-owned club model

FC Barcelona and Real Madrid are amongst the very few global football clubs to have no private ownership at the moment. The Catalans are owned by the club members themselves, or socis, who come together for regular meetings to approve decisions.

With over 144,000 members, Barcelona boast one of the most democratic modes of ownership seen in the world of football. However, with several clubs opting for privatization in recent times, the Spanish giants could also be looking to revamp their structure.

According to reports from SPORT, both Barcelona and Real Madrid are interested in adopting partial privatization of their institute. This move would see them give up 49% of the ownership to companies or investment groups, thereby still ensuring that members have the majority.

Economically, this move brings a lot to the table. The incorporation of global firms can help the clubs directly compete with teams like PSG and Manchester City who enjoy an uninterrupted flow of funds.

Barcelona CEO Ferran Reverter is said to be the torchbearer of this idea, for it will instantly help the Blaugranas exit from their precarious financial situation.

Though Real Madrid have no urgent need to follow suit, Florentino Perez understands that following Barcelona here will make partners understand that it is the only way forward.

Several Bundesliga clubs including Bayern Munich have already adopted the partial privatization approach and the results are visible. While over 75% ownership still stands with members, Adidas, Allianz and Audi own close to 8.33% stake each.

The operation in Spain is still in its rudimentary stages. It would first require the proposal to be approved in the assembly before any further steps can be taken. However, it is the only sustainable path going forward.