Original Adidas football shirt Real Madrid CF 2020/21

The 2020–21 Real Madrid Club de Fútbol season was the club's 117th season in existence and the 90th consecutive season in the top flight of Spanish football. In addition to the domestic league, Real Madrid participated in this season's editions of the Copa del Rey, the Supercopa de España, and the UEFA Champions League. The season covered the period from 8 August 2020 to 30 June 2021.

Real Madrid played the entire season at the Alfredo Di Stéfano Stadium, while the Santiago Bernabéu was undergoing a structural renovation.

Despite finishing a close second in the league and advancing to the Champions League semi-finals for the first time since 2018, Real Madrid went trophyless for the first time since the 2009–10 season.

This was the first season since 2013–14 without the Colombian midfielder James Rodriguez, who departed for Everton, and the first since the 2012–13 not to feature Gareth Bale, who was loaned to his previous club Tottenham Hotspur, thus returning back to Los Merengues in the following campaign.