Former Real Madrid star Alfredo Di Stefano died on Monday after suffering a heart attack in the Spanish capital at the weekend, the EFE news agency quoted family members as saying.
Di Stefano had been suffering from heart problems since undergoing an emergency bypass operation in Valencia in 2005.
Born in Buenos Aires, he started his career with River Plate then left for Millionarios in Colombia. He played for Real from 1953 to 1964, helping them to win the first five European Champions Cups.
Twice European Footballer of the Year in 1957 and 1959, di Stefano scored 418 goals in 510 official games for Real Madrid.
He coached Real from 1982 to 1984, without much success. He has been an honorary president since 2000.