Name Fernando Alvarez | ||
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Fernando Martín Álvarez (born May 30, 1947 in Trigueros del Valle near Valladolid) was president of Real Madrid of the Spanish La Liga, replacing Florentino Pérez who resigned February 27, 2006, until he unexpectedly himself resigned on 26 April 2006. He was a member of the board of directors under Florentino 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 1991 he set out on his own and founded Martinsa. Fernando owned a three percent stake in Spain's number three electricity provider Union Fenosa, also under a one percent stake in telecommunication giant Telefonica as well as Spain's top two banks Santander Central Hispano (BSCH) and Banco Bilbao Vizcaya Argentaria (BBVA). In 2005 he formed an alliance with the Nozar group to develop urban projects in and around Madrid.