The 68-year-old has sanctioned the spending of over a billion euros on transfer fees during that time for the return of just two league titles, two Champions League crowns and one Copa del Rey.
Vicente del Bosque (November 1999-June 2003)
Arguably Perez’s most famous and ludicrous decision was to let the now Spanish national team manager go just days after he had won a second league title in three seasons.

Del Bosque was also in charge for Madrid’s ninth Champions League victory in 2002.
Carlos Queiroz (June 2003-May 2004)
The Portuguese was already a well-known name due to his position as Sir Alex Ferguson’s assistant at Manchester United, but he failed to make a successful transition into the top job at the Bernabeu.
After a promising start, Madrid collapsed to finish just fourth in the league and were also surprisingly eliminated at the quarter-final stage of the Champions League by Monaco.
Jose Antonio Camacho (May 2004-September 2004)