I think the scenario for Real Madrid will be like this in the rest of the season. They will be eliminated in the Champions League by Manchester City however they will still win the La Liga title on one hand. I don't think Ancelotti would lose both of them which would be really bad for his future in this team as well. I know he has just extended his contract but the patience level of the board would be lower next season.
But I don't expect Barcelona to just close a gap of eight points with them. It would be a big surprise. The season will probably end worse for them compared to Real Madrid. In this case I don't think Xavi would change his mind about leaving by the end of the season.
For La Liga, Madrid is almost very close to the League trophy. 8 points ahead, with 8 games remaining, a little still puts them in the safe zone. Apart from that, it could be said that Madrid's toughest opponent in La Liga is the El Clasico match, and maybe Real Sociedad can apply a little pressure. but if Madrid is able to win it, the rest will not be a difficult match for them. except, if Madrid suddenly experiences ups and downs and loses all 4 matches. Thus, Barcelona can overtake the position occupied by Real Madrid. However, as we know, in La Liga Madrid's performance is quite stable and on the right track.
As for Barcelona, it is too difficult for Xavi Hernandez's squad to hope for a miracle. Moreover, Barcelona is having problems. whether the players are injured, their performance is not stable, not to mention they will visit France to visit Paris Saint-Germain. and we know very well, this match is not an easy match. even to win the quarter-final match, Barcelona will have to work hard. even then, we don't know the results yet.
Talking about Real Madrid in the Champions League, in last night's match City far controlled ball possession. In the second leg, Madrid must be ready to face City's ferocity at the Etihad Stadium, their headquarters