Madrid president resigns

Updated: 25 February 2007 10:40 IST

Fernando Martin resigned on Wednesday as Real Madrid president after two months in charge.

Madrid president resigns
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Madrid:

Fernando Martin resigned on Wednesday as Real Madrid president after two months in charge, forcing the Spanish club to hold elections after the league season ends in May. Madrid spokesman Enrique Sanchez said the board accepted Martin's resignation and had appointed Luis Gomez-Montejano as interim president of the club. Martin stepped down after he failed to achieve the minimum of five board-member votes he needed to retain his role of president. ''It was a serene meeting and there was a wide debate, and the decision was reached unanimously,'' Martin said. Martin was selected by his predecessor Florentino Perez when he resigned after 5 1/2 years due to Madrid failing to win a trophy since 2003. But Martin came under pressure from a faction of Madrid's 19-strong board, several presidential hopefuls and some of the ailing powerhouse's supporters. He had intended to appoint a new coach - the team's sixth in three years - for next season. Reports said he wanted AC Milan coach Carlo Ancelotti, whose team lost its Champions League semifinal against FC Barcelona on Wednesday. Madrid normally holds elections every four years. Several members have suggested they would be interested in standing, including rally driver Carlos Sainz. (AP)

Topics : Football
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