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The young businessman, Enrique Riquelme, submitted the financial guarantees for his bid to become president of Real Madrid, amounting to 194 million euros through two foreign banks, "Scotiabank" in Canada and "Andbank" in Andorra, in order to avoid cooperating with major Spanish banks connected to the current club president, Florentino Pérez. His candidacy was approved by the electoral committee, while the latter faces difficulties and criticisms after a trophyless season.
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