Real Madrid, European Soccer’s Aristocrat, Learns to Live as an Underdog

As Real Madrid prepares for a Champions League semifinal against Manchester City, the club that used to be the game’s most lavish spender now trails soccer’s super-rich

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As it prepares for a Champions League semifinal against Manchester City, the club that used to be the game’s most lavish spender now trails soccer’s superrichRichard Callis/Zuma Press

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