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Ancelotti refuses to panic after Real Madrid El Clasico defeat

Real Madrid coach Carlo Ancelotti refuses to panic after their 4-3 El Clasico defeat to Barcelona.

If they could have hung on to either of the leads they held, Madrid would be seven points clear of Barca, but Ancelotti downplayed the damage done to his side's ambitions.

"It does not matter so much because we are still in contention for the title," he said.

"We played well. We did not deserve to lose."

Madrid players had been angry with the referee, believing Neymar went down under minimal contact while Iniesta - in winning the fourth penalty - tried to find space that was not there as he tumbled over Xabi Alonso's outstretched leg.

"I do not want to talk about the referee," Ancelotti added.

"He had so many decisions to make. I did not see the foul on Neymar, but this decision changes everything."

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