Calderón Facing Real Madrid Mutiny

After looking set to resign on Thursday evening, Ramón Calderón's u-turn has caused his fellow directors to team together and many are set to quit at a meeting on Friday morning if he does not step down.

Ramón Calderón is set to see many of his loyalist board members resign en masse if he does not voluntarily quit Real Madrid following the vote rigging scandal of the past week.

Television, radio and internet sites all announced that Los Merengues' president had decided to step down on Thursday evening and that he would announce his decision a day later.

But, after a series of meetings throughout the night, he performed a dramatic u-turn and has stated that he wants to try and ride out the storm and hold out until the summer before calling for fresh elections.

Many of the current board are set to reject this proposal and will offer their resignations as a bloc at a hastily arranged meeting for all directors on Friday morning.

The scandal erupted after Real Madrid-biased daily paper Marca revealed that Calderón had rigged the vote at the general assembly to have all his financial measures passed just before Christmas.

Ten non-members were at the meeting, one of whom was actually an Atlético de Madrid season ticket holder, and voted yes for everything that the current president proposed.

"I swear on my honour and that of my directors that none of us participated in this, neither directly or indirectly," he told reporters the day before Marca produced photographic evidence of the ten false voters.

Allied with the pressure that was already mounting on Calderón, including a spicey interview in a Spanish gossip magazine by a former secretary at the club that included some interesting revelations, this could see him forced to leave his post.