English champions Leicester play their first quarter-finals in the top-tier European competition against Atletico Madrid as France’s Monaco clash with Borussia Dortmund over two-legs in April.
Ancelotti, who led 11-time winners Real to their tenth Champions League title in 2014, was looking forward to a special tie.
“It is going to be exciting to play against them. We are very confident and want to win the Champions League this season,” said Ancelotti, who also won the European title twice with AC Milan.
“I think we have the ability to beat Real Madrid.”
Meanwhile, Real Madrid coach Zinedine Zidane insists he will be the “pupil” to Ancelotti’s “master” when the two sides clash.
Zidane was Ancelotti’s assistant when Madrid won their 10th European Cup in 2014 before going onto match the Italian’s achievement by winning the Champions League in his debut season as coach last year.
“It will be master against pupil for sure,” Zidane said.
Bayern chairman Karl-Heinz Rummenigge was relishing a ‘classic’ as his five-time winners target more than just a sixth straight semi-final appearance.
“This is a classic, which is probably the absolute top draw that lay in the pot,” said the former Germany striker.
“All football fans in the world can look forward to it.”
Real Madrid director Emilio Butragueno, however, appeared downcast.
“It is one of the worst draws we could have got without a doubt but it is also for them,” said Butragueno.
“We would have liked to have faced them further on in the competition,” the former Spanish international said.
“It is not the best draw, but we too have top quality players with a lot of experience and it is a great tie. For sure the whole world will be watching these two games.”
Italian giants Juventus can avenge their narrow 2015 final defeat against Barcelona, but face the daunting task of muting the competition’s top marksman Lionel Messi.
Barcelona’s dramatic comeback from 4-0 down in the last 16 first-leg, crushing Paris Saint-Germain 6-1 in a Neymar-inspired rout, was ample warning for any rival.
Juventus vice-president Pavel Nedved hinted at the size of the task ahead of them.
“You need to be at your best for 180 minutes or more to overcome Barca,” said former midfielder Nedved.
“It’s a fascinating tie. Juve have improved a lot since 2015 and this team can play without fear against Barcelona.”
Leicester landed last year’s beaten finalists Atletico Madrid, a draw which prompted British bookmakers to slash the odds making Atletico third favourites to lift the trophy in the June 3 final at Cardiff behind Barcelona and Bayern.
The Foxes will travel to the Spanish capital for the first-leg in the week beginning April 10, with the second match the following week.
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