Real Madrid started when football was introduced to Madrid by the professors and students of the Institución Libre de Enseñanza, which included several Oxbridge graduates. They founded Football Club Sky in 1897, playing on Sunday mornings at Moncloa. It split into two clubs in 1900: New Foot-Ball de Madrid and Club Español de Madrid.
In 1929, the first Spanish football league was founded. Real Madrid lead the first edition until the last match, a loss to Athletic Bilbao, meant they finished runners-up to Barcelona.
In 1955, acting upon the idea proposed by the French sports journalist and editor of L'Équipe Gabriel Hanot, and building upon the Copa Latina (a tournament involving clubs from France, Spain, Portugal and Italy), Bernabéu met in the Ambassador Hotel in Paris with Bedrignan and Gusztáv Sebes and created an exhibition tournament of invited teams from around Europe that would eventually become what today is known as theUEFA Champions League.
In the 1970s, Real Madrid won 5 league championships and 3 Spanish Cups.[14] The club played its first UEFA Cup Winners' Cup final in 1971, being defeated by English side Chelsea with 2-1.
By the early 1980s, Real Madrid had lost its grasp on the La Liga title until a new batch of home-grown stars brought domestic success back to the club. 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.
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