VIDEO: Cristiano Ronaldo ties Raul's all-time scoring record for Real Madrid

Real Madrid's all-time scoring king Raul has company on the throne, and his name is Cristiano Ronaldo.

After scoring his 500th career goal across all competitions in Wednesday's Champions League match against Malmo, Ronaldo added a second late in the contest, bringing his overall Real Madrid total to 323 goals.

That matches the club's all-time scoring record set by the iconic Spaniard.

Related: VIDEO - Cristiano Ronaldo scores 500th career goal

Ronaldo scored with a close-range tap-in just prior to the final whistle - after spurning plenty of other chances at net. His hunger for this particular goal was evident throughout the second half, and the feeling of inevitability began to creep in after the Swedish side was reduced to 10 men late in the contest.

That goal would be his last on the day, as Real Madrid defeated Malmo 2-0 to maintain its unblemished record in the group stage.

Remarkably, the Portuguese scoring machine needed only 308 games to equal Los Blancos' record mark, while Raul hit the joint-record tally in 741 matches.

(Courtesy: Opta)

Ronaldo will have a chance to set the new benchmark on Sunday in one of the most notable fixtures on Real Madrid's calendar: the Madrid derby.