This market will resolve to “Yes” if Florentino Perez ceases to be the President of Real Madrid for any length of time by December 31, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Florentino Perez’s resignation or firing before the market’s end date will immediately resolve this market to “Yes”, regardless of when the announced resignation or firing goes into effect. This market’s primary resolution source will be official information from Real Madrid and/or Florentino Perez; however, a consensus of credible reporting may also be used.