The squad is worse than Real's easily, because their first 11 is CL winnning material. Can't explain it in simpler terms for you to finally understant this. Their first 11 are CL holders, our best 11 is nothwere near.
Madrid also lack depth compared to likes of City for instance, but their main 13-14 players are simply much superior. World class those players are, ours not even close.
Maybe close some day... as in maybe we will reach some day what these 13-14 players of Madrid already achieved (some 3-4 times over).
The only players superior to likes of Benzema, Modric, Courtois etc., are the long gone players of Pep's Barca. Xavi retired, Iniesta as good as retired, Alves, retired, all are retired, and these youngsters are what we are looking forward to.
The current Madrid players had their peaks quite some years ago, but back then they had MSN Barca, or even worse, Pep's Barca to deal with (in the case of Benzema). Now those teams are long gone and now these oldies are shaming the EPL pretenders.