Endrick arrived in the Spanish capital from Palmeiras in July in a deal reportedly worth €60million, signing a six-year deal with the 15-time Champions League winners.
The 17-year-old has scored two goals in nine appearances across all competitions this season, though he has only featured for 107 minutes across those games.
But Ancelotti has shown his faith in young players during his tenure with Los Blancos, with the likes of Jude Bellingham, Vinicius Junior and Rodrygo all developing under his stewardship.
Cafu, who made 119 appearances for Milan under Ancelotti, believes Endrick has the right man to guide him through the early stages of his promising career.
"Ancelotti is a great coach, and he is really good at developing young players," Cafu told Stats Perform at Festival dello Sport in Trento, Italy.
"He's really good at managing them, he understands them and knows when it's the right time for them to play or when they need to stay on the bench.
"For someone like him he will be like a father who will give the right advice."
It was a sentiment echoed by Cafu's former Milan team-mate Dida, who hopes he can become an important player for Brazil ahead of the 2026 World Cup.
"We all know Carlo [Ancelotti], he knows how to manage all the champions," Dida added.
"He knows how to make these kids grow even if they are already in an important team.
"And that is certainly something very nice for [Endrick], we hope he does well because he is a Brazilian who will surely do well with the [Brazil] national team.
"I hope that our national team always works with this type of players and we hope that Carlo, as always, does his job."
Endrick was picked for the Brazil national team for the first time in November 2023, becoming the youngest male player to secure a senior call-up since Ronaldo Nazario in 1994.
He netted his first goal for his national side in a 1-0 win over England at Wembley back in March this year, scoring again three days later in an entertaining draw with Spain.
Endrick was also part of Dorival Junior's squad for the Copa America.
After three substitute appearances in the group stage, he made his first start for Brazil, replacing Vinícius who was suspended for their quarter-final against Uruguay.
However, he struggled during the contest, completing just one pass during the match, from kick-off, as they crashed out on penalties to Marcelo Bielsa's side.
Though showing only glimpses of what he can become, Cafu believes the sky is the limit for Endrick.
"Endrick can become a great player. He's young and has enormous potential and can grow a lot," Cafu concluded. "With Ancelotti as a manager, I'm sure he can become a top player."
Endrick emerged from the bench to notch Madrid's final goal of a nervy encounter, striking from distance and beating Alexander Nubel in the bottom corner.
The Brazilian's effort saw him become the youngest South American player to score on his Champions League debut, aged 18 years and 58 days.
Endrick is also the youngest to score on his Los Blancos debut in the competition, overtaking Javier Portillo in 2002 (19 years, 355 days).
"He is able to do things that no-one can think of," Ancelotti said.
"He has the gift that strikers dream of, the gift of being very effective, decisive.
"You can see that he has something special, something I have never seen. And he has such a strong and very fast shooting.
"Endrick had courage because it was the last ball of the game.
"The best solution was to take advantage of the three against one, with Vinicius and Rodrygo open in the wings, but he did it very well, even though it was perhaps the most complicated solution."
But the reigning champions did not have it all their own way at the Santiago Bernabeu, with their German opposition creating several opportunities on the night.
Stuttgart ended the match with 17 shots, seven of which were on target, while also producing an expected goals (xG) tally of 1.94 compared to Madrid's 2.61.
However, they were thwarted by the hands of Thibaut Courtois, with the Belgian making six saves throughout the contest.
Ancelotti was pleased with his side's start to the defence of their European crown, but said improvements were needed if they were to secure a 16th Champions League title.
"If anyone thinks that winning games is easy, they are wrong," Ancelotti said.
“I have coached more than 200 games in the Champions League and I can't remember a game without suffering.
"Nobody knows better than Real Madrid what it's like to win a Champions League with suffering.
"We are still trying to find our best version. It's a work in progress."
Veteran Kroos played his final league game for Madrid on Saturday, with a goalless draw against Real Betis hardly befitting of his illustrious time with the LaLiga champions.
The 34-year-old will still have one more appearance to come for Los Blancos in next Saturday's Champions League final against Borussia Dortmund at Wembley Stadium.
Yet having played for a final occasion at Madrid's storied home ground, Ancelotti was quick to praise Kroos.
"One of the greatest, obviously," Ancelotti told a press conference. "A very high-quality midfielder, with a fantastic character, with a small ego, very humble and always at the service of the team, very altruistic. What luck to have had him for 10 years.
"To do better than Kroos has done, in this team, is very complicated. He has made a very strong decision [to retire], because nobody could have imagined it, but he has shown a lot of character and to say goodbye like that is great.
"It is the farewell of a great football character and, I repeat, we have been lucky to have him here. Football has enjoyed a great player."
On his 306th LaLiga appearance, a tally bettered by only one other German (Bernd Schuster, with 316), Kroos bowed out in typical style, having the most touches (122), creating the most chances (three), playing the most passes (110) and completing the most passes (107) of any player on the pitch.
"I can only say thank you to all the Madridismo, to the club, to my team mates, to the stadium," Kroos told reporters after his Madrid farewell.
"I've always felt at home during these 10 years. I couldn't ask for more. They have been 10 unforgettable years.
"I was pretty strong until I saw my children, that moment killed me."
Kroos will end his playing days with the upcoming Euro 2024 tournament, where he will hope to guide hosts Germany to glory on home soil.
The goal was Mbappe's 12th in 22 appearances for Real Madrid this season and fourth in six matches in all competitions.
Real Madrid have struggled with injuries this season, with plenty of key players missing significant periods. Dani Carvajal and Eder Militao, for example, are out for the remainder of the campaign having suffered ACL tears.
"Mbappe has suffered an overload, an ischial (lower pelvis) discomfort," Ancelotti told Movistar Plus.
"It doesn't seem serious, but we'll see tomorrow after the exams. He couldn't sprint, it was bothering him a bit and we decided to make the substitution."
Despite having initially been on the end of some criticism after his move from Paris Saint-Germain to Real Madrid, Mbappe looked close to his best here and was in a decent spell of form.
So, he will be disappointed to have picked up the injury after just 35 minutes, when he was replaced by Rodrygo.
Vinicius Junior and Jude Bellingham both scored in a topsy-turvy game, which saw Real Madrid climb to 18th in the 36-team league and open a two-point gap between themselves and dropping out of the play-off spots.
"It's a very important victory, not everyone wins here," said Ancelotti.
"We suffered and fought hard, there is no Champions League without suffering. They were pushing, but we started well in the second half. We are very happy. It was a win that is very good for us, not just for the points, but to build confidence.
"It's still difficult to finish in the top eight, but we have two games to pick up points. Let's see what happens."
Goals from Lucas Vazquez, Kylian Mbappe and Rodrygo had Madrid cruising at the Santiago Bernabeu, only for Alaves to threaten a comeback with two goals in as many minutes late on.
Los Blancos held on for victory in what was Ancelotti's 300th game in charge, making him just the second coach to reach that milestone with the club after Miguel Munoz (605 matches).
Madrid have already dropped points twice this season to trail Barcelona in LaLiga, but Ancelotti preferred to focus on the positives after Tuesday's game.
"This is football and when you think the game is over, you get distracted and allow your rival to score, you give them a confidence boost while your own confidence is shaken," he said.
"It's something that happens all the time in football and it won't stop happening. Sure, we don't want that to happen to us, nobody does, but we need to highlight that for over 80 minutes our team played really, really well and that is what gives us confidence moving forward.
"For over an hour the team played very well, looking for opportunities in different ways, in transition, filtering passes through the opponent's lines...
"The team is improving, it's good for us because the schedule is very demanding. Sunday's game [against Atletico Madrid] will also be very demanding."
Ancelotti added he was delighted with Mbappe's progress since his move from Paris Saint-Germain, praising his combination with Jude Bellingham for the second goal.
"Mbappe is playing great, we are doing really well in attack," Ancelotti said.
"Bellingham is growing, he gave the assist to Mbappe and played a very complete game. He needs to get used to playing a bit more inside the box, like he did last year.
"It's more complicated against a team with a low block like Alaves. What I ask Bellingham is to do that kind of work, not to score goals. With the players we have, we can score at any moment."
Madrid's opening goalscorer Vazquez, meanwhile, told Los Blancos to sharpen up after their late scare.
"It's a shame that with the performance that we were putting throughout the match, it had to finish the way that it did," Vazquez told Real Madrid TV.
"We played a great game until the 88th minute, when two lapses in concentration led to two goals and we had to suffer a bit more than we should have.
"We didn't deserve this ending, with the game we had played, but let's look on the bright side, we did a lot of things right."
Koeman was axed by the Blaugrana following their dismal start to the new season, capped by Wednesday's 1-0 loss to Rayo Vallecano, leaving them ninth in LaLiga.
Intense speculation and pressure had mounted about the Dutchman's future for the past month and former Chelsea and Paris Saint-Germain boss Ancelotti weighed in.
"I've been sacked several times and I'm still here, alive and happy," Ancelotti told reporters after Madrid's 0-0 home draw with Osasuna.
"Getting sacked is part of the job and you have to give it everything you've got until the day you're sacked.
"You have to look forward while keeping a clear conscience. He’s giving everything he has to give."
Madrid's draw with Osasuna moved them into top spot in LaLiga but left them with only four points collected from their past four league games.
Ancelotti's side are also winless from their past three home games, including a 2-1 home defeat to Sheriff in the Champions League.
The stalemate with Osasuna follows a goalless draw with Villarreal in LaLiga, meaning Madrid have recorded back-to-back 0-0 draws in home games in the league for the fourth time, and first since November 1996 under Fabio Capello.
"Of the three games, we deserved to win two of them," Ancelotti said. "We have to understand that they are difficult games for this squad, because in this game we lacked presence in the box.
"But do you want the truth? You can call me crazy, but I liked the performance. Especially in the second half. My players have given everything and we have to keep going."
Ancelotti bemoaned a first-half incident where Los Blancos were denied a penalty after Vinicius Junior was stamped inside the box by Osasuna's Lucas Torro. The Madrid boss also felt aggrieved at a lack of stoppage time in the second half.
"The penalty is a complicated issue. All I saw, was Vinicius asking the referee to take a look at VAR and he didn't get why," Ancelotti said.
"Then I understood why, he stamps on him and I think it's a penalty. Why VAR did not intervene I don't know.
"I told the referee I felt he hadn't added enough injury time given how the game had gone. I asked him for an explanation but it wasn't very convincing."
Vinicius Junior was busy throughout, attempting 71 passes (64 completed), which was his highest in a single game for Madrid in all competitions.
On their way to a 15th LaLiga crown, Madrid lost their only game of the league season in a 3-1 defeat to Diego Simeone's side in September.
Atletico also knocked Los Blancos out of the Copa Del Ray in the last 16, while their reverse fixture later in LaLiga ended in a 1-1 draw.
This weekend's hosts have won two of their last three home derbies against Madrid in the league (L1), while also entering the upcoming derby in impressive form.
Atletico have not lost any of their last eight league matches (W5 D3), their best unbeaten run in LaLiga since a 13-match run at the start of last year.
During Simeone's Atletico tenure, he has 12 wins in his 43 derbies as their head coach against Madrid in all competitions (D15 L16), the same as the number of wins they achieved in their previous 77 meetings with Los Blancos before his arrival.
Ancelotti also has a poor record against his opposite number, losing nine of his 24 matches against Simeone across all competitions (W9 D6).
Only against Luciano Spalletti (11) has he suffered more defeats in his entire managerial career, and Ancelotti is expecting another difficult test for his side.
"It's obvious that we have to avoid the mistakes of last year. That learning could be useful for tomorrow's game. It is a difficult stadium," Ancelotti told reporters.
"I think Atletico have improved a lot, they've signed good players and I think they'll fight until the end for this League with us and with Barcelona."
Madrid, however, will be without their leading marksman Kylian Mbappe, who has been ruled out for three weeks with a hamstring injury.
Mbappe has seven goals in his first nine appearances for Los Blancos in all competitions, racking up more shots (39) than any other player in LaLiga, while also recording a division-high expected goals (xG) total of 6.97.
But Ancelotti insisted nothing changes for his players in the Frenchman's absence as they aim to keep the pressure on league leaders Barcelona.
"Without Mbappe it changes a little, but not much. It's a shame that he's not here but we can make up for him well," the Italian coach added.
"Camavinga has recovered well, he is in good condition. If a player is available, he can play 90 minutes or none at all."
Since his arrival from Paris Saint-Germain, Mbappe has eight goals in 12 appearances in all competitions, six of which have come in LaLiga this term.
The 25-year-old was on target in Los Blancos' 2-1 win over Celta Vigo on Saturday, though he was replaced by Dani Ceballos for the final eight minutes of the game.
He has registered 44 shots this season, more than any other player in LaLiga, while only Robert Lewandowski (22) has had more shots on target than Mbappe (20).
The Frenchman, however, has underperformed his expected goals (xG) tally of 7.18 in the Spanish top-flight, something Ancelotti wants him to improve on.
"I want Mbappe to score goals, I prefer he scores rather than pressing," Ancelotti said.
"The centre-forward’s role hasn’t changed, I ask the same of him that I asked of (former Real striker player) Karim Benzema.
"Mbappe needs to position himself well and be smart every time we recover the ball to make a quick transition."
Madrid are preparing to face Dortmund in a repeat of the Champions League final from last season, though Mbappe has struggled against the German side of late.
Dortmund are the opponent that Mbappe has faced the most times in the Champions League (eight).
But after scoring three goals in his first two games against them (in 2016-17 for Monaco), he’s only netted once in the last six and failed to find the net in the last three.
Ancelotti also praised Jude Bellingham for his start to the season, despite the England midfielder failing to find the back of the net so far this season.
Bellingham netted 23 goals and added 13 assists in all competitions during his debut season with Los Blancos, winning two trophies along the way.
Since the start of last season, Bellingham has delivered the joint-most assists in the Champions League (five - level with Marcel Sabitzer), and Ancelotti is not concerned by the 21-year-old's lack of goals this term.
"We are satisfied with Bellingham's work. He works hard on the field, competes, fights and makes sacrifices," Ancelotti said.
"He hasn’t scored like last year, but that was unexpected.
"We’ve always managed to score and will continue to because we have a lot of talent up front. Bellingham's role is more important than the goals he scored last year."
Despite Benzema's return from a three-week injury lay-off, Madrid produced a disjointed performance on Sunday, squandering a first-half lead when Kike Garcia cancelled out Vinicius Junior's fortunate opener.
Benzema had the chance to fire Madrid to a seventh consecutive league victory when David Garcia was sent off for a push on the striker six yards out, but the France star crashed his spot-kick against the crossbar.
Osasuna's 10 men held on for a point in comfortable fashion thereafter, and Benzema has now missed three penalties against Jagoba Arrasate's team in LaLiga this year.
Ancelotti refused to blame Benzema for the result, however, and insisted Madrid had not performed badly, telling DAZN: "Karim usually scores.
"The match wasn't spectacular, but after the goal we conceded, the team played as it had to play.
"Karim had no problems starting to play 90 minutes. He has to get in the best shape by playing.
"It's a footballing accident that can sometimes happen. We've been quite solid at the back, we had a good balance, we hardly conceded any counter-attacks."
Osasuna have now claimed three draws against Madrid since the start of the 2020-21 campaign, more than any other team in LaLiga.
Madrid's failure to find a winning goal means they remain behind Barcelona on goal difference at the summit, and midfielder Dani Ceballos says they lacked dynamism in Sunday's draw.
"We wanted the three points, we tried until the end, but we have lost two points," he said. "We improved in the last minutes, but we have not been able to get the victory.
"We were not good facing the goal, nor with the ball, we lacked a bit of dynamism. We have another game on Wednesday [against Shakhtar Donetsk in the Champions League] to face in a good way."
Mbappe turned in another subdued and under-par display as Madrid lost 2-0 to in-form Liverpool at Anfield on Wednesday.
The France star missed a penalty in the second half, and had just one other shot as Los Blancos were ultimately well beaten.
It has been a poor start to Mbappe's Madrid career by the 25-year-old's remarkable standards, but Ancelotti is willing to show him the love.
"It's a difficult moment for him, we've got to support him and give him our love, he'll soon be fine," Ancelotti said.
"It could be a lack of confidence maybe. Sometimes you have moments when things aren’t quite working out for you. But you get through these moments.
"People miss penalties, it happens a lot. You can't put too much grief on him for that.
"He works hard, he's got to keep working hard and fighting. You get through these moments. Things just aren't running for him at the moment.
"We've got be patient. He's an extraordinary player."
Mbappe has scored nine goals across all competitions for Madrid this season, underperforming his 12.7 expected goals (xG).
His performance summed up a disjointed display from Los Blancos, as they became the first reigning Champions League winners to lose three games in the group stage after winning the title.
"I think that to be totally honest with you, it was a fair result," Ancelotti added, having seen his side accumulate just 0.4 xG from open play at Anfield, where goals from Alexis Mac Allister and Cody Gakpo saw Liverpool make it five wins from five in Europe under Arne Slot.
"[Liverpool] have a really good dynamic at the moment, they are switched on, they play with a high intensity."
Even though Madrid are 24th in the 36-team league, and in danger of missing out on the knockout phase, Ancelotti was confident their form would pick up sufficiently.
"I think this game wasn't a decisive game," he said. "We'll be there, we’ll be competing in the knockout phase, like in previous years."
Vinicius Junior was a favourite to scoop football's biggest individual accolade on Monday.
However, reports emerged prior to the ceremony in Paris that the winger would not be winning the men's prize, with Manchester City midfielder Rodri taking it instead.
Madrid, who were named Team of the Year, did not send a single representative to the ceremony.
Ancelotti, meanwhile, won the inaugural Men's Johan Cruyff Trophy for leading Los Blancos to a LaLiga and Champions League double last season.
Jude Bellingham, Dani Carvajal and Kylian Mbappe all finished within the top six of the Ballon d'Or voting.
Ancelotti singled out Vinicius and Carvajal, who is now sidelined with a serious injury, for specific thanks.
"I want to thank my family, my president, my club, my players and above all Vini and Carvajal," the Italian wrote on social media.
In a statement to AFP and Spanish media, Madrid suggested if Vinicius had been overlooked, then it was not right for Carvajal, who scored in the Champions League final against Borussia Dortmund and also helped Spain win Euro 2024, should have won it instead.
"If the award criteria doesn't give it to Vinicius as the winner, then those same criteria should point to Carvajal as the winner," the Madrid statement read.
"As this was not the case, it is clear that [the] Ballon d'Or and UEFA do not respect Real Madrid. And Real Madrid does not go where it is not respected."
Vinicius' team-mate Eduardo Camavinga also used social media to outline his frustration at the result.
"FOOTBALL POLITICS X. My brother, you are the best player in the world and no award can say otherwise. Love you my bro," the France international posted on X.
Marta, an icon of the women's game, also shared her sympathy with her compatriot.
"I waited all year for Vini to be deservedly recognised as the best player in the world and now they come to tell me that the Ballon d'Or is not for him?" she said in a video on Instagram.
Vinicius subsequently posted on social media, writing on X: "I will do it 10 times if I have to. They're not ready."
Asked what Vinicius meant with his post, his management staff told Reuters that he was referring to his fight against racism and that they believe it was what led to him not winning the award.
They added: "The football world is not ready to accept a player who fights against the system."
The 24-year-old has been subjected to racial abuse on several occasions in Spain, leading to at least two convictions for racist insults in pioneer cases in the country.
France Football, which organises the Ballon d'Or awards, was not immediately available for comment.
Ancelotti is one of the most decorated coaches in European football history, with his five Champions League titles as a manager being a competition record.
The fifth of those triumphs came with Real Madrid in June as they beat Borussia Dortmund in the final at Wembley Stadium, having progressed through a series of dramatic ties earlier in the tournament.
Los Blancos overcame Manchester City on penalties in the quarter-finals despite facing 33 shots on their goal in the second leg, a 1-1 draw at the Etihad Stadium.
They then salvaged victory from the jaws of defeat in the last four as Joselu scored twice – in the 88th and 91st minutes – to stun Bayern Munich at the Santiago Bernabeu.
Ancelotti so often appears an island of calm amid the chaos, but the Italian insists he still gets nervous ahead of big games and will do so until the day he retires.
"A life without pressure or a little stress does not exist. Too much stress, no, but a little is fuel. The day I don't have excitement before a match is the day I have to stop," he said at the Mexico Siglo XXI event.
"Before a match there is worry, there is a negative feeling thinking that it will not go well, that they will score a goal… When the match starts, everything stops.
"So, you have to look for calm to handle the situations of the game. I will continue coaching until the fire I have for football dies down.
"Some great things have happened in my life, some difficult moments. My life has been normal. I have been lucky to have a job that is my passion. I am grateful to football for giving me that opportunity.
"I still get nervous before a match, I feel pressure, and as long as that doesn't change I will continue here. I see myself coaching for a long time, yes."
Ancelotti is known for involving his big-name players in his decision-making, and he says that collaborative approach has been key to his success.
"It is very difficult to explain what a leader should be like. It is much more important to convince than to impose your opinion on them," he added.
"A leader must have the ability to listen to those who work with you. They can always give you ideas that can help you.
"It is important to listen and not think that you know everything because you are the boss. You can always learn."
Since his arrival from Paris Saint-Germain, Mbappe has eight goals in 12 appearances in all competitions, six of which have come in LaLiga this term.
The 25-year-old was on target in Los Blancos' 2-1 win over Celta Vigo on Saturday, though he was replaced by Dani Ceballos for the final eight minutes of the game.
He has registered 44 shots this season, more than any other player in LaLiga, while only Robert Lewandowski (22) has had more shots on target than Mbappe (20).
The Frenchman, however, has underperformed his expected goals (xG) tally of 7.18 in the Spanish top-flight, something Ancelotti wants him to improve on.
"I want Mbappe to score goals, I prefer he scores rather than pressing," Ancelotti said.
"The centre-forward’s role hasn’t changed, I ask the same of him that I asked of (former Real striker player) Karim Benzema.
"Mbappe needs to position himself well and be smart every time we recover the ball to make a quick transition."
Madrid are preparing to face Dortmund in a repeat of the Champions League final of last season, though Mbappe has struggled against them of late.
Dortmund are the opponent that Mbappe has faced the most times in the Champions League (eight).
After scoring three goals in his first two games against them (in 2016-17 for Monaco), he’s only netted once in the last six and failed to find the net in the last three.
Ancelotti also praised Jude Bellingham for his start to the season, despite the England midfielder failing to find the back of the net so far this season.
Bellingham netted 23 goals and added 13 assists in all competitions during his debut season with Los Blancos, winning two trophies along the way.
Since the start of last season, Bellingham has delivered the joint-most assists in the Champions League (five - level with Marcel Sabitzer), and Ancelotti is not concerned by the 21-year-old's lack of goals this term.
"We are satisfied with Bellingham's work. He works hard on the field, competes, fights and makes sacrifices," Ancelotti said.
"He hasn’t scored like last year, but that was unexpected.
"We’ve always managed to score and will continue to because we have a lot of talent up front. Bellingham's role is more important than the goals he scored last year."
The former Paris Saint-Germain forward has endured a tricky start to life with Los Blancos since making the switch as a free agent.
Despite scoring eight goals in 16 appearances across all competitions, Mbappe is yet to truly catch fire at Santiago Bernabeu, where his displays have been subjected to widespread criticism.
The France forward has underperformed his season's expected goals (xG) total by 2.04, while he was left out of Les Bleus' squad for their recent Nations League matches after going over 400 minutes without scoring.
Mbappe is averaging a goal every 166 minutes in all competitions this term, compared to one every 88 minutes in his final campaign with PSG, but Ancelotti is confident the tables will turn.
"It happens to all great strikers," the Italian told reporters ahead of Madrid's clash with Leganes on Sunday. "He can get frustrated, but that's not his case. I see him motivated and happy to train with his team-mates.
"Sooner or later, he will break that streak of games in which he hasn't scored goals. Tomorrow, he will have a great game because it is just a matter of time. He has incredible quality and, sooner or later, he will show it."
Ancelotti also addressed suggestions Mbappe should be switched from the central attacking position to the left wing, in place of top scorer Vinicius Junior.
"I don't think Kylian has ever asked me for a position on the pitch, everyone wants to start in the starting 11," Los Blancos' head coach added. "But Mbappe and Vinicius don't have a fixed position on the pitch. It all depends on the match."
Benzema scored twice in five second-half minutes to put the game beyond Madrid's hosts on Monday, but he looked in some discomfort while celebrating Los Blancos' third goal.
Soon after, in the 85th minute, Benzema departed having indicated a problem with his calf, forcing Madrid to close out the match with 10 men as they had already used their five permitted substitutions.
The two goals moved Benzema's season tally to 22 in 25 LaLiga matches, and although Ancelotti admitted they are in "wait and see" mode, he does not expect anything serious.
A major problem for their key man would be a significant blow for Madrid ahead of Sunday's El Clasico.
"We have to evaluate him in the next few days – things don't seem very serious," Ancelotti said.
"Karim did not feel good after a jump – we have to wait until Wednesday [to learn more]."
Real Madrid now sit 10 points clear of second-placed Sevilla but face a serious test of their credentials next with the visit of a resurgent Barcelona.
Chelsea caretaker manager Frank Lampard revealed on Monday that Boehly routinely speaks to the team, saying he is fine with that being the case.
Former Blues boss Ancelotti said that if Lampard is comfortable with it, he does not think it is a problem.
Chelsea's 2-1 home defeat to Brighton and Hove Albion on Saturday was their third loss in a row, and they are without a win in six (D2 L4), sitting in 11th place in the Premier League.
Speaking at a press conference ahead of Madrid's Champions League quarter-final second leg against Chelsea, Ancelotti said: "To have a speech from the owner could be an important thing for the players. The Chelsea moment is not a good moment... if the owner wants to talk to the players, absolutely."
However, he stopped short of signing off on the idea of Madrid president Florentino Perez doing the same in his dressing room.
"If [Perez] wants to talk to me every game, I would be happy to do that," he said. "The owner[/president] has the right to know what the decisions of the manager are."
Los Blancos take a 2-0 lead into the second leg at Stamford Bridge, and Ancelotti knows the job is not yet done, with his team almost throwing away a two-goal advantage at the same stage against the same opposition in last year's competition.
After winning 3-1 at Stamford Bridge, Madrid were 3-0 down in the return leg at the Santiago Bernabeu, only for a Rodrygo goal to send it to extra-time before Karim Benzema scored the winner.
"[We have] plenty of motivation," he said. "It's a big game, and we know we have to put in a good performance.
"There are still at least 90 minutes to play, and anything can happen, but we will be ready."
The Italian would not be drawn on links with Borussia Dortmund midfielder Jude Bellingham, with reports suggesting Madrid and Manchester City are at the front of the queue for the England international after Liverpool allegedly withdrew their interest due to finances.
"Unfortunately, Bellingham is a Dortmund player, and I don't like to talk about players of other teams. Sorry," Ancelotti said.
Madrid were on course to move within a point of Barcelona – who saw their unbeaten start to the season ended by Osasuna on Saturday – in LaLiga when Eder Militao opened the scoring after 64 minutes.
However, after a 15-minute stoppage due to members of the crowd throwing objects at Madrid goalkeeper Thibaut Courtois, Angel Correa snatched a 95th-minute leveller for Atleti.
The Argentine's strike was the first stoppage-time goal scored by Atleti in a Madrid derby this century, as both teams maintained their unbeaten starts to the campaign.
Ancelotti was frustrated to drop two points but feels the result was still a positive one, telling reporters: "It is hard to cope with a draw when we were very close to winning.
"It can happen, the opponents are very strong and have a lot of quality. Their goal was in the last minute, it's a pity. We controlled the game well, we came close.
"But I always like to think positively. We've won a point away from home and we are a point closer [to Barcelona].
"The dynamic is good, we are in contention and we don't despair, a draw here can mean a good point for the future."
Referee Mateo Busquets Ferrer took both teams off the pitch in the aftermath of Militao's opening goal as objects rained down from the stands, causing Atleti boss Diego Simeone to say Los Colchoneros "do not need these people".
Ancelotti hailed the officials' reaction to the incident and said the stoppage had not affected the flow of the game, adding: "I don't think it helped Atletico, it affected us both equally.
"We all wanted to play. The decision to stop the match was the right one. The referee said that lighters were thrown and that he had stopped the match twice, if they threw another one, he had to suspend it.
"I think it was a correct decision by the referee. It had to stop, a few things were sorted out, and we started again. Obviously, none of us liked the situation. Everyone wanted to play. The referee acted well."
Los Blancos advanced to the final after prevailing in a thrilling encounter at the King Fahd Stadium on Wednesday.
Madrid were twice pegged back, so the contest went into extra-time as strikes from Vinicius Junior and Karim Benzema were cancelled out by Luuk de Jong and Ansu Fati.
But Ancelotti's side edged their noses back in front through substitute Federico Valverde in the 98th minute, claiming their fifth successive win over Barca.
And the Italian saluted the efforts of his players, who must prepare to do battle against either Atletico Madrid or Athletic Bilbao in Sunday's final.
"I have to be honest, Barcelona played a good game," he told Movistar.
"I don't think Barcelona dominated us, they controlled the ball; we were very effective on the counter. It was an entertaining game.
"There was a good atmosphere in the stands and although it is not the most important title, it was an important game.
"The physical and mental effort was very big, but we held up well until the end. The changes helped; we are tired, but very happy.
"The important thing is to be in the final, not the rival."
The Croatian became the club's oldest player in history when he came on in the 63rd minute, aged 39 years and 40 days.
He moved past Madrid great Ferenc Puskas for the club record, and has been a part of 363 wins for Los Blancos, with 250 of those coming in LaLiga, which is 22 more than nearest rival, and former team-mate, Karim Benzema.
It took him just under three minutes to make an impact on his 547th appearance for the LaLiga champions, setting up the winner in their 2-1 victory after Kylian Mbappe's opener was cancelled out by a counter-attack effort netted by Williot Swedberg.
And Ancelotti was delighted that Modric's influence was so keenly felt on his landmark day.
"It is an honour to coach and work with Modric, everything he has been able to achieve is because he is a fantastic professional and a man of the highest calibre," Ancelotti told reporters.
"When they equalised I think the changes gave a new energy to the team. It's a very important victory.
"These are two spectacular goals from players that showed they have an amazing talent, from the build-up to the finish. They train really hard and have put on a great effort during this international break to improve their conditions. We have to keep going.
"We competed well, the team was committed the whole game, Celta played well and with intensity, we won three points thanks to a fantastic pass from Modric. He has this quality and always contributes.
"It doesn't matter if it is when he starts or when he comes off the bench... he always helps us. He came on at a difficult moment in the match and changed the script."
Madrid are second in LaLiga, level on 24 points with leaders Barcelona, who play their game in hand against Sevilla on Sunday. After a Champions League clash against Borussia Dortmund, who Ancelotti's side beat in the final last year, they host their Clasico rivals in LaLiga next Saturday.
Madrid were held to a 0-0 draw with Osasuna on Wednesday, making it three home matches without a win in all competitions.
However, Los Blancos felt they should have had a first-half penalty, Vinicius Junior supposedly taken down by Lucas Torro but neither referee Cesar Soto Grado nor VAR saw an infringement.
Speaking before the trip to Elche, Ancelotti explained his frustrations with Spanish top-flight officiating while comparing the quality to his previous tenure.
"I don't want to get into the issue of the referees," Ancelotti told reporters at Friday's pre-match news conference.
"There is a lot of trouble. I think that in general the end of matches are very interrupted and that has to be fixed because it is not good for the show.
"I am convinced that VAR is a good invention but in things that are not objective it is a bit complicated. I believe that VAR has fixed many things up to now.
"There are some rules that are complicated. And some unfair. For me, when a player is offside, he is offside.
"The level of the Spanish referees is neither better nor worse. It is different.
"Spanish football is now a more global football, with more styles than before when I was there. In my first stage, Spanish football was more physical."
Madrid have enjoyed consistent success on visits to Elche, who have lost nine of their last 10 LaLiga meetings with Saturday's opponents.
Indeed, Ancelotti's side have gone five top-flight away games without losing at Elche but the former Milan head coach implored his team to improve their finishing.
"We prepare for the game knowing that we have to continue with this commitment and try to play well and do things well from a strategic point of view," he continued.
"We need to work on the offensive aspect. We work to create opportunities and we have them but we must improve the finishes.
"I don't have any non-negotiable system. I think 4-3-3 is where the players are most satisfied but nothing else. You also have to see the situation of the matches."
