This is a Real Madrid Football Club (soccer) team Logo paper model, designed by J. Ossorio. There is also a team jersey papercraft at the site: Real Madrid C.F. Football Club Team Jersey Free Paper Model.
You can download the papercraft tempalte here: Real Madrid Football Club Logo Free Paper Model Download
For more National Football (Soccer) Team and Club Jersey Papercrafts please check the topic: Sport Paper Models – National Football (Soccer) Team Jersey Collection