Real Madrid Club de Football (Royal Madrid
Football Club), commonly known as Real
Madrid, is a professional football club based in Madrid, Spain.
Founded in 1902 as Madrid Football Club, has
traditionally worn a white home kit since. The word Real is Spanish for royal and was bestowed to the club by King Alfonso XIII in 1920 together with the royal crown
in the emblem. The team has played its home matches in the 85,454-capacitySantiago Bernabéu Stadium in downtown Madrid since 1947. Unlike
most European football clubs, Real Madrid's members (socios) have owned
and operated the club since its inception.
The club is the world's richest football club in terms of revenue, with an annual
turnover of €513million and the most valuable, worth €3.3billion.It
is one of three clubs to have never been relegated from the top flight of
Spanish football, along with Athletic
Bilbao and Barcelona.
Real Madrid holds many long-standing rivalries, most notably El Clásico with FC Barcelona.
The club established
itself as a major force in both Spanish and European football during the 1950s.
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