In recent times, Real Madrid have come to be known as a team who shift their manager in search of glory constantly and the president of the club has a lot to do with it.

Florentino Perez who stepped down as the Real Madrid president on February 27th in 2006 after acknowledging that the team and the club as a whole needed a new direction.

But just three years later in June 2009, given that he was the only candidate able to provide the €57,389,000 guarantee necessary to run for the presidency, Pérez was announced as the new president of Real Madrid.

He has since been able to take the cup to a number of glorious years including the 10th Champions League title a few years ago.

Bur recent reports suggest that the 68-year old is planning to put an end to his time in charge of Real Madrid for the second time.

According to the El Confidencial, Perez has revealed to people close to him that he is thinking about calling elections for the president post at Real Madrid this summer. However, it is understood that he does not want to stand as a candidate thus ending his time in the Spanish capital.

Real Madrid fell to a cruel defeat against Atletico Madrid at the Bernabeau earlier this week and it was revealed that Perez was already thinking about throwing in the towel even before that defeat.

But the loss in the Madrid derby has increased the speculations that the president wants to step down and led to talks amongst the directors that elections could be called for at the end of this season.

Perez’ time at Madrid even in his first spell has not been rosy even as Madrid were able to win silverware.

The sporting strategy used by the 68-year old has been no match to rival Barcelona’s on an internal or an external level.

The policies used by Perez in relation to big money signings has just not worked for the club in recent time and there is talk that an end to Perez’ time at the Bernabeau is the only thing that can change it.

Perez, who selected Rafa Bentiez at the start of the season, had to replace him with club legend Zinedine Zidane for the rest of the season after a poor start from the Spanish manager.

This has seen the president lose his cover as the fans are now directly agitated with him every time the team fails to perform. The Los Blancos faithful will not turn against Zidane, not this early at least leaving Perez vulnerable in the hierarchy.

In the recent loss to Atletico Madrid, there were chants of ‘Florentino, resign’ echoing around the Santiago Bernabeu, and taking all this into consideration, Perez’ time at Madrid might just be up.

Do you think Florentino Perez can be replaced at Real Madrid?