The big movers have been youngsters Dani Carvajal and Casemiro, who have both impressed Ancelotti during friendly action in the US.
Marca says Ancelotti has also decided to go with skipper Iker Casillas in goal ahead of Diego Lopez.
Ancelotti's first-choice XI:
Casillas, Carvajal, Pepe, Ramos, Marcelo, Casemiro, Modric, Ozil, Isco, Cristiano Ronaldo and Benzema.
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