Fifa said in 1954 he could not play for Spain but reversed that decision in 1957 after he gained citizenship and he went on to win 31 caps, scoring 23 goals.
As a manager, Di Stefano led Boca Juniors and River Plate to Argentine league titles, and won La Liga and the Copa del Rey with Valencia.
He had spells at Sporting Lisbon, Rayo Vallecano and Castellon before taking over at Real in 1982.
During his two-year tenure at the Bernabeu, the club were runners-up in five competitions, including the 1983 Cup Winners Cup, in which they lost the final to Aberdeen.
Di Stefano managed the club again for five months from 1990, winning the Spanish Super Cup against Barcelona. He then became honorary Real president in 2000.
A trio of representatives from the club were quick to pay their respects on Twitter.
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