Perez is delighted Modric won the Ballon d'Or.
"Madrid players have been awarded the last three Ballon d'Ors," he added.
"We are very happy for Modric as his football and what he represents is part of our legend.
"He represents our values and I am sure that young people who will be at Real Madrid will be solid candidates in the future.
"Our goal is to be the best as this club must live up to its history and we play every game to win and never give up."