Real Madrid C.F., Commonly known as Real Madrid, or simply as Real, is a professional football club based in Madrid, Spain. Real Madrid Club de Fútbol. 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 club is the most valuable sports team in the world, worth €2.5 billion ($3.4 billion) and also the world’s richest football club, with an annual revenue of €549.5 million. 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.
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