Carlo Ancelotti addresses Real Madrid's La Liga title chances as damaging Valencia defeat hands Barcelona the initiative

The reigning La Liga champions suffered a shock 2-1 defeat at the hands of relegation-threatened Valencia at home on Saturday. Mouctar Diakhaby and Hugo Duro were on target for the visitors, while Vinicius Junior scored for the hosts as Valencia registered their first win at Santiago Bernabeu in 17 years.

The defeat in Madrid means that Ancelotti's side now trails league leaders Barcelona by three points, which could increase further if the Blaugrana avoid a defeat against Real Betis later on Saturday. The Italian coach admitted that his team's chances of defending their title decreased after the defeat against Los Che.

The veteran manager spoke to reporters after the match and said: "It's much more difficult to fight for the league, but we have only one idea, to do well until the end. We still have a chance. It's less after this game, but we have to fight until the end."

Los Blancos will be back in action next week as they take on Arsenal in the first leg of their Champions League quarter-final fixture at Emirates Stadium on April 8.