Real set presidential election date

MADRID - Real Madrid have fixed June 14 as the date for their presidential election, called after former president Ramon Calderon was forced to resign in January in a vote-rigging scandal, the Primera Liga club said on Wednesday. According to the club's statutes, candidates for the post are required to provide a bank guarantee worth 57.4 million euro, must be Spanish and need to have been a member of the club for at least 10 years. Former president Florentino Perez, the architect of the "galacticos" policy that brought big-name players including Zinedine Zidane and David Beckham to the club, is widely tipped as the favourite, though he has yet to confirm his candidacy.