Real Madrid has not always been like this. There were times when Real Madrid was not a very rich club and neither a very strong one. But they have reached there with some good decisions and some very good performance.
Oh no? When?
I don't know if you mean 1902, which is when it was founded, but at that time no club was rich. Football didn't move as much money as it does today.
If we take into account that it is the biggest club in the capital of Spain, where all the political and financial power is concentrated, and that there was a dictator in Spain between 1939 and 1975 whose favourite club was Real Madrid, either you support what you say with some data or I will believe that you have said the first nonsense that has crossed your mind about it.
I do not think he is correct, Real Madrid was established in 1902 with the name Madrid Football Club, in 1929, Real Madrid is one of the members of La Liga and one of the clubs that started the league. Among many other clubs in La Liga, Real Madrid has never relegated before. I am wondering how a club that has not been relegated before in La Liga with 14 won Champions League gotten broke in the past. But maybe he means that a time when Real Madrid was not rich, but when also other clubs in Europe were also not rich, if that is what he is talking about. Real Madrid has always been the most successful club in La Liga.