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The 88-year-old Real Madrid legend passed away on Monday afternoon after suffering a heart attack in the Spanish capital on Saturday and being placed in intensive care

Real Madrid president Florentino Perez has paid tribute to Alfredo Di Stefano, labelling him the "best player of all time".

The 88-year-old footballing legend suffered a heart attack in Madrid on Saturday and spent two days in intensive care in an induced coma, passing away on Monday afternoon.

Perez has led the tributes to Di Stefano, who held the position of Real Madrid Honorary Life President until his death.

"Today is a day of absolute sadness for Real Madrid and dare I say it the entire football world," Perez told assembled journalists at a press conference.

"Di Stefano was the most important player in the history of Real Madrid and the best footballer of all time.

"Alfredo Di Stefano is Real Madrid. He was decisive, determined and changed the destiny of this institution.

"He was able to extend the passion for Real Madrid to all corners of the world.

"We have the obligation to tell people that didn’t see it about a footballer who was capable of everything.

"It's thanks to Di Stefano that Fifa named Real Madrid the best team of the 20th century.

"Alfredo Di Stefano, president of honour, Real Madrid will never forget you."

During his 11 years as a player with Real, Di Stefano won eight Primera Division titles, a Copa del Rey and five European Cups.

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