sentences:  As part of the conditions of playing in the fully professional second division, Rayo Majadahonda had a year to establish a "Sociedad Anónima Deportiva", an form of public limited company that all its teams must be.The initial majority shareholder in September 2019 was Alejandro Arribas, a player formed at the club who was still playing professionally for Real Oviedo at the time.Also in September, 2019 José María Sanz became club's new president.