After three seasons with no league football due to the Spanish Civil War,[1] the Board appointed Paco Bru from Girona FC as head coach.

[2] Madrid finished fourth in the league, with Athletic Aviación winning the title.

[4] Still, offensively the team played in superb fashion, with Manuel Alday scoring 17 league goals.

Meanwhile, in the Copa del Generalísimo the squad reached the final, where they were defeated by Español after extra time.

[6] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.