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Kasz216 said:

Looked it up. Apparently it was indeed chosen in Salt Lake for marketing reasons... and has since actually formed a working partership with Real Madrid.

Crazy stuff...

http://findarticles.com/p/articles/mi_qn4188/is_20060902/ai_n16711063/

Do you not have to have an affiliation with the Spanish royal family to use the prefix "Real" then?

I guess in America the Spanish royal family wouldn't really have a say over the use of the word.