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In the Copa del Rey round of 32, Real accidentally fielded an ineligible player in a 3–1 first leg win at Cádiz and was disqualified from the tournament two days later by the competition judge, despite protests from president Pérez. In the meantime, Madrid comfortably topped their UCL group with 16 points and a +16 goal difference. Benítez was relieved of his duties on 4 January 2016 following allegations of unpopularity with supporters, displeasure with players and a failure to get good results against top teams. Benítez's departure was announced along with the promotion of Zinedine Zidane to his first head coaching role. Under Zidane, Madrid managed to turn the odds in its favor, ultimately winning the Champions League, something no one expected. Finally, on 28 May, Real Madrid's eleventh Champions League title was won thanks to a 5–3 penalty shoot-out victory over rivals Atlético Madrid after a 1–1 draw in the final, with the achievement being termed "La Undécima".

Atlético's supporters accepted the new "Indian" nickname joyfully and have been using it until today. Real draw greater support all across the region because of their historically greater resources and success, while Atlético have a relatively working class fan base mainly from the south of the city, with some fans also scattered throughout the city. In fact, the Atlético crest includes the Coat of arms of Madrid, whereas Real crest has no such a reference to the city . On 12 June 2018, Real Madrid named Julen Lopetegui, the head coach of the Spanish national team, as their new manager. It was announced that he would officially begin his managerial duties after the 2018 FIFA World Cup. However, the Spanish national team sacked Lopetegui a day prior to the tournament, stating that he had negotiated terms with the club without informing them.
UCL Real Madrid Home Kit 2019
Vinícius and Mariano scored the goals, with Madrid regaining the lead position in the standings. A week later, the away game at Betis was lost 1–2, meaning Madrid again slipped to second. On 12 March, after a player from Real Madrid's basketball team tested positive for SARS-CoV-2, all players of basketball and football teams alike were forced into quarantine. On 23 March, following the outbreak of the COVID-19 pandemic in Europe, the league was suspended indefinitely. Real Madrid has maintained the white shirt for its home kit throughout the history of the club. There was, however, one season that the shirt and shorts were not both white.

The same colour is used for the detailing around the collar, with buttons which mix black and purple along two fine lines. Other details include the crest in white across the whole jersey and a special logo on the inside of the collar to mark 120 years of Real Madrid. The kit database on Football Kit Archive includes 98,153 kits from 5,133 teams in 655 leagues, made by 1,520 brands and submitted by 655 users. "Football clubs dominate the world ranking of highest-paying sports clubs". Real Madrid home kit in 1905 was all-white, so the supporters began referring to the players as Los Blancos.
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Zidane left a second time on 27 May 2021 after going trophyless that season, with Carlo Ancelotti returning to coach the team for the 2021–22 season. On the domestic front, he delivered two trophies out of possible three, winning La Liga and the Supercopa de España. A lone Vinícius goal sealed the 14th European Cup for Los Blancos, their fifth in nine years, and Ancelotti's second in charge. Real also claimed their fourth ever European double (after 1956–57, 1957–58, and 2016–17). Despite Real's status as the most decorated team in the history of the Champions League, they were not favored to win that year's edition, and their improbable run was widely considered a surprise.

Along with the fictional portion of the film, it also contains real footage of the squad, during training at Ciudad Real Madrid, matches, and interviews. Although the film mentions all of the squad, it mainly focuses on galácticos such as David Beckham, Zinedine Zidane, Raúl, Luís Figo, Ronaldo, Iker Casillas, and Roberto Carlos, among others. The film was originally produced in Spanish, but has been dubbed for their worldwide fanbase. The latest renovation of the Santiago Bernabéu is set to increase the capacity by approximately 4,000 with the addition of an extra tier, bringing it to just over the 85,000 mark. Furthermore, the height will also be increased by ten metres and a retractable roof, a retractable pitch, and a 360-degree screen will be installed. The works have started in 2019, and the renovated stadium was initially planned to be unveiled in 2022; however, the COVID-19 pandemic and Russian invasion of Ukraine caused significant disruption to supply chains, prompting the club to postpone the stadium's inauguration to 2023.
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On 7 February 2015, Real suffered their first defeat in 14 years at the Vicente Calderón, a 4–0 loss. On 28 May 2016, Real and Atlético again met for the Champions League title, which resulted in a win for Real after a penalty shootout at San Siro. The rivalry first gained international attention in 1959 during the European Cup when the two clubs met in the semi-finals. Real won the first leg 2–1 at the Santiago Bernabéu, while Atlético won 1–0 at the Metropolitano. Atlético, however, gained some revenge when, led by former Real Madrid coach José Villalonga, it defeated its city rivals in two successive Copa del Generalísimo finals in 1960 and 1961.
With that draw, Madrid advanced to the knockout stage of the tournament for the 23rd time in a row. On the last day of the month, goals from Ramos and Dani Carvajal got Madrid a 2–1 win at Alavés. During the 2009–10 season, Real Madrid made €150 million through ticket sales, the most of any club in top-flight football. Real Madrid has the highest number of shirt sales per season, around 1.5 million. In 2013, Forbes listed the club as the world's most valuable sports team, worth $3.3 billion. Real Madrid was valued at €3.47 billion ($4.1 billion) in 2018, and in the 2016–17 season it was the second highest-earning football club in the world, with an annual revenue of €674.6 million.
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They faced off again in the 2017 UEFA Champions League Final in Cardiff, with Ronaldo scoring twice as Real Madrid won 4–1. Officially, the highest home attendance figure for a Real Madrid match is 83,329, which was for a Copa del Rey match in 2006. The club's average attendance in the 2007–08 season was 76,234, the highest in European leagues. Real has also set records in Spanish football, most notably the most domestic titles (35 as of 2021–22) and the most seasons won in a row (five, during 1960–65 and 1985–90). With 121 matches , the club holds the record for longest unbeaten run at home in La Liga.
At the end of the 2009–10 season, the club's board of directors stated that Real Madrid had a net debt of €244.6 million, €82.1 million lower than the previous fiscal year. Real Madrid announced that it had a net debt of €170 million after the 2010–11 season. According to Deloitte, Real Madrid had a recorded revenue of €401 million in the same period, ranking first. Among the club's famous supporters is golfer Sergio García, who was invited to take the honorary kickoff for El Clásico at the Bernabeu wearing his green jacket from winning the 2017 Masters.
Real Madrid's first shirt sponsor, Zanussi, agreed for the 1982–83, 1983–84 and 1984–85 seasons. Following that, the club was sponsored by Parmalat and Otaysa before a long-term deal was signed with Teka in 1992. In 2001, Real Madrid ended their contract with Teka and for one season and used the Realmadrid.com logo to promote the club's website. Then, in 2002, a deal was signed with Siemens Mobile and in 2006, the BenQ Siemens logo appeared on the club's shirt. Real Madrid's shirt sponsor from 2007 until 2013 was bwin.com following the economic problems of BenQ Siemens. Fly Emirates became their shirt sponsor in 2013, and in 2017 the club renewed the sponsorship with the airliner, signing a deal until 2022 worth €70 million per year.

This victory marked the beginning of a successful period in Real Madrid's history. The game against Galatasaray in the Champions League was won 6–0 after a hat-trick from Rodrygo, a brace from Benzema and a goal from Ramos. Three days later, the away game at SD Eibar was won 4–0 with a brace from Benzema and goals from Ramos and Valverde. After the international break, Madrid recorded a 3–1 victory over Real Sociedad on 23 November. After falling behind early, goals from Benzema, Valverde and Modrić secured the three points. Three days later, the Champions league match against Paris ended in a 2–2 draw, with a brace from Benzema initially putting Real up 2–0 only for Paris to score two successive goals late in the game.
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