Real Madrid boss Carlo Ancelotti believes his side can make it to the Champions League final for the second year running but that they will not be underestimating anyone.

“Real Madrid can compete with any other semi-finalist, no problem. We respect all three semi-finalists. They all deserve to be there,” Ancelotti told the official UEFA website.

Real knocked rivals Atletico Madrid out of the competition 1-0 on aggregate.

The Spanish giants drew the first leg 0-0 at the Vicente Calderon stadium but won the return game 1-0 at home.

Real ended a seven game winless streak against Atleti following their recent win and reached the semi-final of the competition for the fourth time in five years.

Ancelotti also praised the fans for the atmosphere created and underlined that he will have a stronger squad to chose from for the next round.

“Let’s see what happens in the draw. We will have time for injured players to recover and things are going to get better. Gareth Bale and Karim Benzema will have recovered soon but I cannot say when. The atmosphere was fantastic tonight and it helped us a lot. We are going to see the same atmosphere in the semi-final,” he added.

Turkish international Arda Turan started for Atleti but ended up getting sent off for a second yellow card offence.