; Royal Madrid Football Club), commonly known as Real Madrid, or simply as Real, is a professional football club based in Madrid, Spain.Founded on 6 March 1902 as Madrid Football Club, the club has traditionally worn a white home kit since inception.As a result, Real Madrid (with the addition of Fernando Morientes in 1997) finally ended its 32-year wait for its seventh European Cup: in 1998, under manager Jupp Heynckes, they defeated Juventus 1–0 in the final with a goal from Predrag Mijatović.
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Spanish sport journalist Julio César Iglesias gave to this generation the name La Quinta del Buitre ("Vulture's Cohort"), which was derived from the nickname given to one of its members, Emilio Butragueño.
The other four members were Manuel Sanchís, Martín Vázquez, Míchel and Miguel Pardeza; all five footballers were graduates of Real Madrid's youth academy.
Unlike most European sporting entities, Real Madrid's members (socios) have owned and operated the club throughout its history.
The club was estimated to be worth €3.24 billion ($3.65 billion) in 2015, and in the 2014–15 season it was the world's highest-earning football club, with an annual revenue of €577 million.
It was under Bernabéu's guidance that Real Madrid established itself as a major force in both Spanish and European football.
The club won the European Cup five times in a row between 19, which included the 7–3 Hampden Park final against Eintracht Frankfurt in 1960. The name "Yé-yé" came from the "Yeah, yeah, yeah" chorus in The Beatles' song "She Loves You" after four members of the team posed for Marca and impersonated the Beatles.Beginning in 1953, he embarked upon a strategy of signing world-class players from abroad, the most prominent being Alfredo Di Stéfano.In 1955, acting upon the idea proposed by Gabriel Hanot, a French sports journalist and editor of L'Équipe, Bernabéu, Bedrignan and Gusztáv Sebes created a tournament for the champions teams around Europe, under invitation, that would eventually become what today is known as the UEFA Champions League.In 1996, President Lorenzo Sanz appointed Fabio Capello as coach.Although his tenure lasted only one season, Real Madrid was proclaimed league champion and players like Roberto Carlos, Predrag Mijatović, Davor Šuker and Clarence Seedorf arrived at the club to strengthen a squad that already boasted the likes of Raúl, Fernando Hierro, Iván Zamorano, and Fernando Redondo.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.