Real Madrid Club de Futbol

1948–49 season
President	Santiago Bernabéu
Manager	Michael Keeping
Stadium	Nuevo Chamartín
Primera Division	3rd
Copa del Generalísimo	Round of 16
Top goalscorer	Pahiño (21)
Home colours Away colours
← 1947–48 1949–50 →

The 1948–49 season was Real Madrid Club de Fútbol's 46th season in existence and the club's 17th consecutive season in the top flight of Spanish football.

During summer Bernabeu reinforced the team with several players including young star midfielder Pablo Olmedo,^[1] midfielder Miguel Muñoz^[2] and top goalscorer Pahiño came from Celta Vigo,^[3] and midfielder Jesus Narro was bought from Real Murcia.^[4] In the league the squad reached the first spot after ten matchdays, but then collapsed to ultimately finish in the 3rd spot. New arrival forward Pahiño played in a superb form scoring 21 goals. In June, the club advanced to the 1948–49 Copa del Generalísimo round of 16 where they were defeated by Atletico de Bilbao in a playoff game after two draws.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.

No. Pos. Nation Player — GK  ESP José Bañón — DF  ESP Clemente Fernández — DF  ESP Azcarate — DF  ESP Guillermo Pont — MF  ESP Pablo Olmedo — MF  ESP Miguel Muñoz — MF  ESP Narro — MF  ESP Montalvo — FW  ESP Pahiño — FW  ESP Macala — FW  ESP Sabino Barinaga

No. Pos. Nation Player — GK  ESP Adauto — FW  ESP Arsuaga — MF  ESP Ipiña — DF  ESP José Mariscal — DF  ESP Javier Marcet — DF  ESP Vidal — GK  ESP Garcia Martin — DF  ESP Soto — MF  ESP Luis Molowny — DF  ARG Navarro — MF  SCO John Fox Watson

Atletico de Bilbao v Real Madrid

27 April 1949	Atletico de Bilbao	3–1	Real Madrid	Barcelona
	Telmo Zarra 4' Telmo Zarra 62' Venancio 69'	Report	Olmedo 48'	Stadium: Camp de Les Corts Referee: Azon Roma

^[6]

No.	Pos	Nat	Player	Total		1948–49 La Liga		1949 Copa del Generalísimo
				Apps	Goals	Apps	Goals	Apps	Goals
	GK	ESP	José Bañón	22	-31	22	-31
	DF	ESP	Clemente Fernández	18	0	18	0
	DF	ESP	Azcarate	19	0	19	0
	DF	ESP	Guillermo Pont	14	0	14	0
	MF	ESP	Pablo Olmedo	24	15	24	15
	MF	ESP	Miguel Muñoz	22	5	22	5
	MF	ESP	Narro	20	0	20	0
	MF	ESP	Montalvo	17	9	17	9
	FW	ESP	Pahiño	26	21	26	21
	FW	ESP	Macala	23	3	23	3
	FW	ESP	Sabino Barinaga	16	4	16	4
	GK	ESP	Adauto	5	-11	5	-11
	FW	ESP	Arsuaga	15	5	15	5
	MF	ESP	Ipiña	14	0	14	0
	DF	ESP	José Mariscal	7	0	7	0
	DF	ESP	Javier Marcet	6	0	6	0
	DF	ESP	Vidal	5	0	5	0
	GK	ESP	Garcia Martin	0	0	0	0
	DF	ESP	Soto	5	0	5	0
	MF	ESP	Luis Molowny	5	4	5	4
	DF	ARG	Navarro	3	0	3	0
	MF	SCO	John Fox Watson	1	0	1	0