Real Madrid Club de Fútbol (Spanish pronunciation: [reˈal maˈðɾið ˈkluβ ðe ˈfuðβol]; Royal Madrid Football Club), commonly known as Real Madrid, or simply as Real, is a professional football club based in Madrid, Spain. Founded in 1902 as Madrid Football Club, the team has traditionally worn a white home kit since inception. 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-capacity Santiago Bernabéu Stadium in downtown Madrid since 1947. Unlike most European sporting entities, Real Madrid's members (socios) have owned and operated the club throughout its history. The club is the most valuable sports team in the world, worth €2.5 billion ($3.4 billion) and the world's highest-earning football club for 2013–14, with an annual revenue of €549.5 million. The club is one of the most widely supported teams in the world. Real Madrid is one of three founding members of the Primera División that have never been relegated from the top division, along with Athletic Bilbao and Barcelona. The club holds many long-standing rivalries, most notably El Clásico with Barcelona and the El Derbi madrileño with Atlético Madrid. Real Madrid established itself as a major force in both Spanish and European football during the 1950s. The club won five consecutive European Cups, and reached the final seven times. This success was replicated in the league, where the club won five times in the space of seven years. This team, which consisted of players such as Di Stéfano, Ferenc Puskás, Gento, Raymond Kopa, and Santamaría, is considered by some in the sport to be the greatest team of all time. In domestic football, the club has won a record 32 La Liga titles, 19 Copa del Rey, 9 Supercopa de España, 1 Copa Eva Duarte, and 1 Copa de la Liga. In international football, the club has won a record 10 European Cup/UEFA Champions League titles and a joint record 3 Intercontinental Cups, as well as 2 UEFA Cups, 2 UEFA Super Cups and a FIFA Club World Cup. Real Madrid was recognised as the FIFA Club of the 20th Century on 23 December 2000, and named Best European Club of the 20th Century by the IFFHS on 11 May 2010. The club received the FIFA Centennial Order of Merit in 2004. The club is ranked first in the latest IFFHS Club World Ranking, setting a new ranking-points record. The club also leads the current UEFA club rankings.
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