- Fernando Martín Álvarez
Fernando Martín Álvarez (born
May 30 ,1947 inTrigueros del Valle nearValladolid ) was president ofReal Madrid of the SpanishLa Liga , replacingFlorentino Pérez who resignedFebruary 27 ,2006 , until he unexpectedly himself resigned on26 April 2006 when only one of the 16-member board supported him. He was a member of the board of directors underFlorentino Pérez .Fernando has an MS degree in Chemistry which he obtained from
Universidad de Valladolid .He was a politician at a local level in the Christian Democratic party which later amalgamated with the main Conservative Popular party.
In 1983 he came to
Madrid to work in property and worked his way up the ladder in a sector which in recent years has enjoyed a massive boom.In 1991 he set out on his own and founded
Martinsa .Fernando owns a three percent stake in
Spain 's number three electricity providerUnion Fenosa , also under a one percent stake in telecommunication giantTelefonica as well asSpain 's top two banksSantander Central Hispano (SCH) andBanco Bilbao Vizcaya Argentaria (BBVA).In 2005 he formed an alliance with the
Nozar group to develop urban projects in and aroundMadrid .
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