Euro 2012 – European Champions Spain are the early favourites to retain their title in 2012. See all the latest BestPrice betting here.

The president of Barcelona, Juan Laporta, will resign from his post on Thursday, according to a report by .

Laporta survived a confidence vote on Sunday even though less than half of all supporters who participated backed him.

The 45-year-old got the backing of just 37.75 percent of the 39,389 supporters who took part in the vote while 60.60 percent voted against him fulfilling his current mandate until June 2010.

The motion of no-confidence in Laporta needed to have the support of over two-thirds of voters.

Barcelona refused to comment of the report but confirmed that an emergency meeting of management would be held on Thursday.

“We’ll see what happens Thursday,” a club spokesman told AFP.

Under Laporta the club won back-to-back league titles in 2005 and 2006, as well as the Champions League in 2006 but as the club’s form has dipped he has grown increasingly unpopular with supporters.

Barcelona ended last season in third place, meaning they missed out on automatic qualification for the Champions League.

Euro 2012 – European Champions Spain are the early favourites to retain their title in 2012. See all the latest BestPrice betting here.