UPDATE -  Calderon has indeed stepped down.

“Against the recommendations of my board I’ve decided to step down,” said Calderon. “I have committed errors but not irregularities.”

Calderon will be replaced by Vicente Boluda, who takes charge until a new presidential election can be held in the close season.

With Real Madrid being rocked over the December 7th General Assembly rigging, Ramon Calderon is expected to resign his post as President Friday morning.

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Real Madrid President Ramon Calderon is a lightning rod for the Spanish Press, a man who makes bold promises and tough decisions daily as the leader of one of the biggest clubs in the world, so when accusations of fixing Real Madrid’s December 7th General Assembly start flying about you know Spanish Newspaper giants Marca is going to be all over it.

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Real Madrid Sporting Director Pedrag Mijatovic and Club President Ramon Calderon have finally lost patience with Bernd Schuster, sacking him after a long run of unimpressive games and hiring Juande Ramos, just six weeks after he was fired from Premiership side Tottenham Hotspur.

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In what may be a first, Real Madrid has issued a statement of public support for one of their coaches.  With the Spanish media circling like vultures after head coach Bernd Schuster called out, then walked out of a news conference last week, Real’s response to the speculation was quick and to the point.

Even El Jefe Ramon Calderon got in the mix, but not to the same degree as the press release.  You know this one’s gonna get REAL interesting with their La Liga lead quickly deteriorating, now only a 5 point lead over Barcelona and their exit at the hands of Roma in Champions League.

image via Google