Ancelotti is adamant that retaining the Premier League title he won at the first attempt last season is just as important.
"I don't want to think that the Champions League is more important than the Premier League. Both are very important. Last season we won the PL," he said.
"We don't want to say the Premier League is not very important - we would like to win it again. But the normal step is to do things better than we did last season in the Champions League. We went out too early.
"Our aim is to improve our type of play, to have more continuity to do better and to stay involved."