The former Los Blancos star will act as an adviser to the new president, following his appointment on Monday.

Zidane was taken to Real by Perez in 2001, during his first stint at the helm of the capital club.

Meanwhile, Jorge Valdano, who previously worked as sports director under Perez, has been appointed as director general and assistant to the president.

Miguel Pardeza takes over from the already-departed Predrag Mijatovic as the club's new sporting director.

Perez, who helped to oversee the 'Galacticos' era at Real during his first spell at the club, has also outlined his ambitious plans for the future.

"We will devote all our effort to building a spectacular team, with great players who are role models on and off the pitch," he said.

"A club where ethics are indestructible, and where solidarity will be a basic cornerstone of behavior.

"The challenge that today begins for all of us is possibly the biggest and most difficult that we have ever taken on, but I assure you that we will make this Real Madrid a great symbol and example.

"We are going to rebuild and reassert the dreams of all Madridistas. We have a lot of work ahead. There is a lot to do, so let us begin."

(Soccer365.com)