Florentino accepts there's more work to do if they're to eventually overhaul Barcelona.
He remarked: “We are the club with the most pressure in the world. It is a fact that we have inherited. Everything that happens around us has a huge impact.
“We have laid the groundwork to fulfil the dreams of Real Madrid. We have improved everything. We have a young team, and have the best coach in the world.
“Madrid faces a great challenge to continue to get back, because we know that we are not perfect.”