In a huge coup for Australian football, Sports minister Damian Drum revealed global superstars like FIFA Ballon d'Or winner Cristiano Ronaldo, Gareth Bale, James Rodriguez and Spanish internationals Iker Casillas and Sergio Ramos will hit our shores for the pre-season tournament in 2015.
Two further teams to take part are yet to be announced but one will be from England’s Premier League, with the other from Italy’s Serie A.
It’s understood Manchester City and Inter Milan are the other two clubs likely to join Madrid for the tournament, with announcement set for a few weeks’ time.
Real Madrid coming to play in Melbourne July next year absolutely pumped!!! #LittleBitOfWeeComeOut— Andrew Frank Zito (@Andrew_Zito) November 23, 2014
The ICC will consist of three matches, all at the MCG, on July 18, 21 and 24 next year, with Drum revealing the event would generate around $50m for the local economy.
Ex-Socceroos striker John Aloisi, who spent a large chunk of his career in Spain, was at the announcement and admitted having Real Madrid in Melbourne will be an incredible occasion.
"I got to play in Spain for six years and experience how big Real Madrid were," the former Osasuna and Alaves attacker said.
"They buy the biggest players in the world and make it work. Watching them live is another experience. I can't wait."
It promises to be a huge year for football in Australia next year, kicking off with the Asian Cup in January.
July will also be a massive month, with the annual Foxtel All-Stars clash to be staged in Sydney, while English giants Liverpool are reportedly set to play a game in Brisbane.