Real Madrid Club de Fútbol (Spanish pronunciation: [reˈal maˈðɾið ˈkluβ ðe ˈfutβol] Royal Madrid Football Club), commonly known as Real Madrid, is a professional football club based in Madrid, Spain. The club has won a record 31 La Liga titles, the Primera División (First Division) of the Liga de Fútbol Profesional (LFP), 18 Copas del Rey, 8 Spanish Super Cups, 1 Copa Eva Duarte and 1 Copa de la Liga, while in international competitions has won a record 9 European Cup/UEFA Champions League titles, 2 UEFA Cups, 1 UEFA Super Cup and 3 Intercontinental Cups.
Founded in 1902 by two Catalan brothers, Juan Padrós and Carlos Padrós, Real Madrid has never been relegated from La Liga, the top league of Spanish football. The word "Real" in the club's name is the Spanish term for "royal", and was given by the King Alfonso XIII in 1920 together with the royal crown in the emblem. The club established itself as a major force in both Spanish and European football during the 1950s.
The team's traditional home kit colour is white, although it originally adopted a blue oblique stripe on the shirt. Its crest has been changed several times 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 85,454-seater Santiago Bernabéu football stadium in downtown Madrid, where it has played since 1947. The Bernabéu was the final venue for the 1982 FIFA World Cup and the venue for the European cup (or UEFA Champions League) finals of 1957, 1969, 1980 and 2010.
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 (€438.6m) in terms of revenue and the second most valuable worth over €1.4bn in 2011