Spanish club Real Madrid now have a women’s team named Real Madrid Femenio. The 2019/20 season will however not see the name in the league. It was reported last month that the Spanish giants wanted to enter into women’s football this season, but they missed a few deadlines to register the team. The club had decided to take over recently promoted Madrid based side CD Tacon, and the acquisition was finalised for a reported reported €500,000 ($550,000).

CD Tacon will continue under its name for the remainder of the season, and will officially become the Real Madrid Femenio from the 2020/21 season.

It was confirmed after the members of the club put forth their votes in a meeting on Sunday. Spanish outlet AS reported that the vote was approved by a huge margin of 90.6 percent in favour (810 votes), 4.9 percent against (44 votes) and 40 abstentions.

CD Tacon will be using Real Madrid’s facilities and will train and play their matches on the club’s training ground.

Fiorentino Perez’s latest investment has already started spending on players. Swedish international Kosovare Asllani became their first signing after leaving Linkopings in the summer.

“Women’s football is an indisputable reality,” club president Fiorentino Pérez said after the vote. “It has been growing in a spectacular fashion and Real Madrid should form part of it. The moment has arrived for Madrid to have its own women’s team. The absorption of CD Tacon will be based on its excellent academy so as to remain faithful to our philosophy. We will work to develop young talent. Furthermore, the recent promotion means competing in the Spanish top flight. There are no limitations on what we can achieve with the future of our team. Our commitment from July 1, 2020 will be to further strengthen football in our country and compete at the highest level with our club crest. The time has come to build a team that will be competitive and that we can all be proud of.”