The 71-year-old businessman has also indicated that Los Blancos' current transfer policy dictates the acquisition of young promising players.
"I insist that we have the best squad in the world and the titles back us up on that," he told France Football.
"We are not going to spend for spending's sake, for example.
"I have read and heard in some media outlets for years that Madrid need to sign a striker when reality clearly shows that Karim Benzema is the best forward in the world.
"What we do, in any case, is bring in very young players who will be the stars of the future, such as Vinicius [Junior] or Rodrygo [Goes], who was a candidate for the Kopa Trophy."