The 2015–16 season was Real Madrid Club de Fútbol's 112th season in existence and the club's 85th consecutive season in the top flight of Spanish football. It covered a period from 1 July 2015 to 30 June 2016.

"La Décima" winning coach Carlo Ancelotti was sacked on 25 May 2015, after failing to guide the club to a major trophy last season. He was then replaced by Rafael Benítez on 3 June 2015.

Brazilian duo Casemiro and Danilo were bought from Porto for a fee of €7.5 million and €31.5 million respectively. Both signed long-term deals with the club, with Casemiro returning after Real Madrid exercised their buyback clause option on the player. Spanish wingers Marco Asensio and Lucas Vázquez also joined the club, while Sami Khedira signed for Juventus after his contract was not renewed by the club.Javier Hernández soon departed back to Manchester United after Madrid did not make his season-long loan from the last campaign permanent.

The contracts of Dani Carvajal, Marcelo and Sergio Ramos were renewed for another six years and are set to expire in the summer of 2020.Pepe extended his contract until 2017. Casemiro's contract was extended to 2021.

Iker Casillas left the club on 11 July 2015 and was transferred to Porto after 25 years with Los Blancos.Kiko Casilla was signed as the replacement on 17 July 2015.

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