Real Madrid's finances show the actual reason Cristiano Ronaldo had to leave

It was last Sunday that Florentino Perez presented Real Madrid’s financial results to his loyal cadre of socios compromisarios at the club’s general assembly, the super-socios, who are the only members permitted to attend the meeting, although they are expected to do as they are told.

Unusually there were some hints of rebellion towards Perez, the all-powerful club president who is in his second spell in charge during which he has made it all but impossible for anyone to challenge him. It came from one of his fellow socios, all of whom pay an annual membership fee of about €150 (£134), which is no more than Perez, the multi-millionaire chairman of Spain’s largest construction and utilities company,