After analysing the report by Mijatovic, it was unanimously decided that he shouldn't continue
The Board of Directors of Real Madrid, who met today at the Santiago Bernabéu Stadium, have unanimously decided that Fabio Capello will not continue as head coach of Real Madrid. The decision was taken after a close study of the season's sporting report. The Club's Sporting Director, Pedja Mijatovic, explained the Board's decision in a press conference held after the meeting.
Miguel Ángel Arroyo, Director General of the President's Office, and Pedja Mijatovic, Sporting Director of the Club, talked to the media after the Board Meeting held at the Santiago Bernabéu. Arroyo confirmed the attendance of every Board Member save Vicepresident José Ignacio Rivero, currently on a business meeting in Brazil, who allowed President Ramón Calderón to vote in his stead. Arroyo confirmed that the decisions taken by the Board were all unanimous.
Besides Capello's dismissal -announced by Mijatovic-, Arroyo mentioned the other matters discussed in the meeting, such as the President's trip to Brussels yesterday -during which he awarded the Club's Gold and Diamond Insignia to Durao Barroso, President of the European Commission-, and announced the forthcoming opening of a Real Madrid Foundation Academy in Tangiers and Ramón Calderón's trip to the US in July to sign an agreement with an American development company to promote Real Madrid activities in the country.
The Director General of the President's Office informed the media that the Club's committee for bylaw reform, presided by Board Member Serrano Alberca, has begun its work and that its conclusions will be presented at the Member's General Assembly to be held at the end of the year.