With these two wins, Carlo Ancelotti conquered his 14th and 15th trophies in charge of Real Madrid, overtaking Miguel Muñoz to become the most decorated manager in the club's history.

[5] On 3 June 2024, Madrid confirmed the signing of Kylian Mbappé from Paris Saint-Germain as a free agent, penning a five-year deal with the French superstar.

[7] On 28 June, Madrid announced the transfer of Joselu to Qatari side Al-Gharafa, exercising their option to acquire the rights of the player from Espanyol one day earlier.

[12] On 25 August, strikes from Valverde and Brahim Díaz, as well as the debut goal from Endrick, helped Madrid to take a 3–0 victory over Real Valladolid at the Santiago Bernabéu.

[24] On 19 October, returning from another international break, Madrid faced Celta Vigo away from home, as Mbappé's strike from outside the box was followed up by a second-half winner by Vinícius to give their team a 2–1 win.

[25] Three days later, a header from Rüdiger alongside Vinícius' second-half hat-trick and a goal from Vázquez rescued Madrid from trailing 0–2 at half-time to prevailing 5–2 at home over Champions League opponents Borussia Dortmund.

[27] On 5 November, the first match of the month ended in another defeat for Madrid, this time losing 1–3 at home to Milan in the Champions League, with Vinícius scoring the only goal for his team.

[32] Three days later, Madrid suffered their second league defeat of the season, losing 1–2 at Athletic Bilbao in El Viejo Clásico, as late Bellingham's goal was not enough to rescue a point for Real.

[36] Four days later, Madrid were crowned as the inaugural FIFA Intercontinental Cup champions, beating Pachuca 3–0 in the final with the help of goals from Mbappé, Rodrygo and Vinícius.

[2] On 22 December, Madrid ended the year with a dominant display in a 4–2 home win over Sevilla, as Mbappé, Valverde, Rodrygo and Brahim found the back of the net for Real.

[38] Three days later, Madrid began their Copa del Rey campaign, beating fourth-tier Minera 5–0 and progressing to the round of 16, thanks to goals from Valverde and Eduardo Camavinga, followed up by a brace from Güler and a finish from Modrić.

[40] Three days later, Madrid suffered another big defeat in El Clásico this season, losing 2–5 to Barcelona in the Spanish Super Cup final, as the only goals for the team came from Mbappé and Rodrygo.

[45] On 29 January, Madrid faced Brest on the road in the Champions League and beat them 3–0 with Rodrygo's brace and a goal from Bellingham, qualifying to the knockout phase play-offs.

[47] Four days later, Madrid progressed to the Copa del Rey semi-finals over Leganés, as goals from Modrić and Endrick combined with an injury time winner from academy's Gonzalo García gave Real a 3–2 victory.

[52] On 19 February, Mbappé's hat-trick gave Madrid a 3–1 win against Champions League knockout phase play-offs opponents Manchester City, sending the team to the round of 16 with a 6–3 victory over two legs.