MADRID - Florentino Perez will announce on May 14 whether he intends to stand in the election for the next Real Madrid president, a spokesman for his office said on Monday. The former president's face filled the front pages of Madrid-based sports dailies Marca and As on Monday, as they heralded the return of the man who brought the likes of Luis Figo, Zinedine Zidane and David Beckham to the Spanish capital. Perez plans to hold a news conference on May 14, Juan Jose Diaz Clavel told Reuters, but he refused comment further on the players and coaching staff who might be a part of any bid. Spanish media have linked a Perez candidacy with moves for Cristiano Ronaldo, Kaka, Cesc Fabregas and Xabi Alonso among other players. Jorge Valdano is reportedly lined up to return as sports director, with Arsene Wenger or Carlo Ancelotti favoured choices for the coach's role. The news follows after Real Madrid were humiliated 6-2 at home by Barcelona at the weekend that all but ended the champions' chances of reclaiming their crown. They are seven points adrift of the leaders, with four games left to play. Perez, who runs one of Europe's largest construction conglomerates ACS, was president of Real Madrid for six years between 2000 and 2006. He was the architect of the famous 'Galacticos' policy but surprisingly resigned in February 2006 as the club headed towards their third successive season without a major trophy. At present, Real Madrid are run by interim president Vicente Boluda until a new election can be held, likely to be on June 14, after Ramon Calderon resigned following a vote-rigging scandal in January.