Real Madrid Club de Fútbol (Spanish pronunciation: [reˈal maˈðɾið ˈkluβ ðe ˈfuðβol]), commonly known as Real Madrid (and in Spain, in football circles, simply as el Madrid), is a professional association football club based in Madrid, Spain. It is the most successful team in Spanish football and was voted by FIFA as the most successful club of the 20th century, having won a record thirty-one La Liga titles, seventeen Spanish Cups, a record nine European Cups and two UEFA Cups. Real Madrid was a founding member of FIFA and the now-defunct G14 group of Europe`s leading football clubs as well as its replacement, the European Club Association. The word "Real" in the club`s name is the Spanish term for "Royal", and was added in 1920 together with the royal crown in the emblem.
Founded in 1902, Real Madrid has spent its entire history in the top flight of Spanish football. In the 1940s, the club, the Santiago Bernabéu Stadium and the Ciudad Deportiva had to be rebuilt following the Spanish Civil War. The club established itself as a major force in both Spanish and European football during the 1950s. In the 1980s, the club had one of the best teams in Spain and Europe (known as La Quinta del Buitre), winning two UEFA Cups, five consecutive Spanish championships, one Spanish cup and three Spanish Super Cups.
The team`s traditional home colours are all white, although it initially adopted a blue oblique stripe on the shirt. Its crest has been changed several times in attempts to modernise or re-brand it. The current crest is a modified version of the one first adopted in the 1920s. Real Madrid`s home ground is the 80,354-seater Santiago Bernabéu football stadium in downtown Madrid, where it has played since 1947.
Real Madrid holds long-standing rivalries with other football clubs, most notably FC Barcelona, with matches between the two teams referred to as "el Clásico". 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 (401m) in terms of revenue and the second most valuable and was worth over 950m in 2008.