Real Madrid will hold an election for a new president on 2 July - with all of the candidates promising to restructure the playing squad if they win.
Beckham may be forced out of Madrid by the new president
England captain David Beckham and the Brazil duo Roberto Carlos and Ronaldo have all been tipped to leave the club, depending on who becomes president.
Ex-president Lorenzo Sanz and the former rally driver Carlos Sainz are just two of the presidential hopefuls.
The election was called after Fernando Martin was ousted in April.
Striker Ronaldo has hinted that he may leave the club because he feels unloved by the fans, while Roberto Carlos has been linked with a move to Chelsea.
David Beckham has also been linked with a move back to his homeland and a new president is likely to overhaul the current playing staff.
Sainz launched a joint-bid with Juan Miguel Villar Mir and insists he will implement a complete overhaul at the club, starting with the management.
The pair want to contact Arsenal manager Arsene Wenger about becoming their coach.
Another candidate, Ramon Calderon, has promised to appoint Fabio Capello as manager and sign Brazil's Kaka from AC Milan if elected, while Juan Palacios hopes to bring in former coach Vicente Del Bosque.
Madrid is currently headed by interim president Luis Gomez-Montejano.