The team extended its increasingly frustrating run of failing to win the league title to four years.

Early in the season, Madrid was nearly sunk to the relegation zone after three straight defeats in four league matches.

In March, Benito Floro was fired after a 2-1 defeat against UE Lleida, with the club hiring Vicente del Bosque as an interim manager until 30 June 1994 before former Real Madrid legend Jorge Valdano taking over in July.

Real also suffered a nasty Copa del Rey exit after a 1–5 aggregate loss to Tenerife in the quarter-finals and a European Cup Winners' Cup elimination as a result of a 1–2 aggregate defeat against Paris Saint-Germain in the quarter-finals.

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