Carlo Ancelotti has assured everyone he has the full backing of the Real Madrid board and specifically, club president Florentino Pérez. During recent press conferences, the Italian coach has insisted he feels his position is secure, but accompanied by a clear understanding that remaining so will depend entirely on results.
Spanish daily Marca are however already speculating that if Real Madrid slip up any more and specifically in the Clásico against Barcelona, Ancelotti's days at the Bernabéu will be numbered. Indeed, Marca believes that had Los Blancos been eliminated from the Champions League on Tuesday night, the Italian may already have been clearing his desk.
Drawing against Villarreal at home, then losing away at San Mamés in La Liga against Athletic Club Bilbao, were serious enough causes for concern. Expected to bounce back to form with confidence against FC Schalke 04, given their 2-0 advantage from the first-leg in Germany, the Bernabéu crowd was left fuming as their stuttering stars limped through 5-4 on aggregate in the Champions League, following a 4-3 defeat in the second leg.
As things stand, Real Madrid are through to the quarter-finals of the Champions League and just a point behind Barcelona in La Liga. Even though Ancelotti guided the team to the elusive 'Décima' and European glory last season, past success means little when it comes to the ongoing demands at the Bernabéu.
Amidst the speculation a departure would be imminent, if Real Madrid fail to beat Barcelona at the Camp Nou on 22nd March, the reality is more likely that Ancelotti would retain his post until the end of the season. He's more than conscious his future beyond that is based entirely upon results and he's never hidden from that fact. He knows full well that only silverware in the shape of La Liga or the Champions League, will ensure he's coaching at the Bernabéu next season.