I can not see this design ads anything new to the crest as such part from the simplicity of it. The crown for instance could have been dune better in my opinion, but hardly any revolutionary change if you ask me. I my self have dune a similar crest few months ago, I maid it like you do here in a simple form but would newer mean it added anything new to the log part from that, simplicity.

I really like it, I think it has massive potential. The only thing that I dislike about it is the upward angle that makes it a bit bulgy. Doesn't ruin it for me, but I think a flat / straight-on view would make it a bit more timeless. Cheers mate, really enjoy your work.

@Rabbi when we talking redesign of real madrid or any other BIG club, we cant think about revolutionary changes !! TRADITION is the keyword... :-) you are right about the crown...is poor...