Ancelotti says he intends to stay in charge long-term.
He said, "I've spoken about the future of this club, which has always been very clear. We've got a new stadium and a squad with a lot of young, quality players.
"This means that this club's future will be better. I haven't talked about any names or strengthening the squad because we've already got a very good squad with quality and a good blend of experience and youth. I imagine that new stadium with Ancelotti in charge. Real Madrid will play at the new stadium and I hope I'll be here."
Ancelotti also spoke of Gareth Bale's situation and his agent Jonathan Barnett hitting out at Real supporters.
"I've read what his agent said. Those comments were made by somebody that I don't know. What I do know is that Bale doesn't share that thinking because he respects our fans and has always respected them. The fans might have jeered him, but he's not the only player to have been jeered by the fans."
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