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Real Madrid president Florentino Perez paid €300,000 to set up fake news website

Real Madrid president, Florentino Perez, reportedly have paid €300,000 to set up a ‘fake news’ website – namely El Diario Bernabeu – to promote the club’s brand image.

According to reports from AS, an ongoing investigation into money-laundering in Spain, “Operation Punica,” launched by the Central Operations Unit of Spain’s Guardia Civil Civil police, revealed this information.

Alejandro de Pedro is believed to be the main man behind the money laundering scandal, and Perez allegedly had exchanged texts with him.

The Madrid president, however, has denied taking money from De Pedro.