- published: 23 Aug 2013
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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 81,044-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.
Madrid (/məˈdrɪd/, Spanish: [maˈðɾid], locally: [maˈðɾiθ, -ˈðɾi]) is a south-western European city, the capital of Spain, and the largest municipality of the Community of Madrid. The population of the city is almost 3.2 million with a metropolitan area population of around 6.5 million. It is the third-largest city in the European Union, after London and Berlin, and its metropolitan area is the third-largest in the European Union after London and Paris. The city spans a total of 604.3 km2 (233.3 sq mi).
The city is located on the Manzanares River in the centre of both the country and the Community of Madrid (which comprises the city of Madrid, its conurbation and extended suburbs and villages); this community is bordered by the autonomous communities of Castile and León and Castile-La Mancha. As the capital city of Spain, seat of government, and residence of the Spanish monarch, Madrid is also the political, economic and cultural centre of Spain. The current mayor is Manuela Carmena from Ahora Madrid.