Real Madrid to hold fresh vote at end of season

Real Madrid will hold fresh elections at the end of the season following allegations that voting at the Spanish giants' annual general assembly last month was rigged, the club's new president Vicente Boluda has said.

"The logical and the best thing for the club is for the elections to be held in the first or the second week of July," he told Spanish public television TVE in an interview broadcast late Monday, adding he ruled out being a candidate.

"We live in the 21st century, we have to make changes so that the voting system works better and represents the members of the club," he added.

Baluda stepped up from the vice presidency of the club on Friday following the resignation of Ramon Calderon which was triggered by allegations that he rigged voting at the Real's last annual general assembly, which approved its financial accounts.

Calderon, whose four-year term at the helm of Real had been set to expire in 2010, has denied any wrongdoing.

Baluda will stay on as Real president until the club holds fresh elections.