Their new training base, in Valdebebas near Madrid's Barajas airport, occupies 120 hectares and is 10 times bigger than their former training ground in northern Madrid.

"This training facility is a dream made real. It is for Madrid fans all over the world," said Perez.

"It will become a symbol of the club, and will be the base from where we work day by day to continue being the most important club in history."

The facilities, which are not yet complete, will be the home of Real's first team, all the youth teams, and the club's basketball side.

Along with the 30 football pitches, gymnasium, and running track, there is a medical centre, a hydro-therapy centre, conference facilities and offices.