That might be as close as the two teams will come but Butragueo, who serves as a director at Madrid, added that the sport is changing for the better as less recognised nations challenge the football elite.
"[Look at] the last World Cup, with [teams such as] Costa Rica, Algeria, Nigeria," Butragueo said. "And New Zealand [in 2010]. Who believed they could draw with Italy? Nowadays in football, everything is very even."
In a club hardly lacking star alumni, Butragueo is a hero. Nicknamed El Butre (The Vulture), he was at the forefront of a home-grown renaissance at Madrid, after the club had slipped into the doldrums in the early 1980s.
Small (1.68m) and slight, he was an elusive dribbler who scored 171 goals for Los Merengues. He also finished second-top goal scorer at the 1986 World Cup, including a memorable four goals against Denmark.
"It is true we had a great opportunity in 1986 but we could not take it," Butragueo said. "Spanish football has grown so much since then, especially with the recent generation - not just because they won [major tournaments], but how they won. They have left a fantastic legacy for the next players to come."
Though some European teams (especially Chelsea in 2012) seemed to treat the Club World Cup with disdain in recent seasons, Butragueo says Madrid will be focused on success in December.
"We won the Champions League after 12 seasons, which was a great achievement for us," he said. "Now we are in this tournament, which is the best of all the continents, and it's very important for us to get it. Every time Real Madrid play, we try to play well, with style and to win. That is part of our history."
Real Madrid have been crowned intercontinental champions on three occasions, in 1960 (beating Uruguay's Penarol Montevideo), 1998 (over Vasco de Gama of Brazil) and 2002 (at the expense of Olimpia Asuncion from Paraguay).