Carlo Ancelotti says he wouldn't rule out going back to Real Madrid for a second spell at the club despite being cruelly dumped after winning the club's 10th Champions League.

Ancelotti has just started his first season at Bayern Munich after a year out of the game following his sacking at the end of the 2014-2015 season when Real ditched him because the season ended without a trophy.

Just 12 months earlier he had led them to Champions League success in Lisbon with a 4-1 extra-time win over Atletico Madrid.

Bayern Munich manager Carlo Ancelotti - seen in Nyon on Wednesday - has spoken to Marca

Ancelotti (right) has just started his first season with the Bavarians after a year out

Asked by Marca if he would go back for a second stint he said: 'Of course. There is no reason why not. It was a nice experience.

'I have to thank the club for signing me and giving me the chance to manage Madrid.

'I coached the club thanks to the President who wanted me for that period of time.'

When Ancelotti was fired there was a mini-mutiny in the Real Madrid dressing room with Cristiano Ronaldo and Sergio Ramos among several players who went public with the their support for the ousted boss.

'I have a lot of affection for the group that I trained. In the second season we lost one very important player in Angel Di Maria.

'Then we lost key players to injury in the second half of the season and we ended up paying for it.'

Asked how he manages to get on so well with his players he replied: 'The most important thing is respect.

Ancelotti (right) has said it is difficult to convince Cristiano Ronaldo he should sit out games

'I have to have that for my players and they have to have that for me and for the people that work with me.

'When that is understood there is no reason why you cannot have a good relationship with the players.

'When the friendship comes is afterwards when you stop working with them. Now, yes, I can say I am friends with Cristiano [Ronaldo] and some of the others.'

Ancelotti also described how difficult it is to convince Ronaldo he should sit out games and not try to play every single fixture.

He added: 'One day I said to him: 'You are not playing tomorrow, it's your turn to rest'. He told me that it was okay, he could rest all day and then in the evening he would be ready to play the game.

Sergio Ramos (right) told Ancelotti: 'In Spain they say too much water kills the plant'

'The thing is Cristiano never looks tired. He knows that the recuperation process is very important.

'In football today it is as decisive as the training. Players have to rest, sleep well and eat well. These days they cannot train too much.

'One day [Sergio] Ramos said to me after one session: 'In Spain they say too much water kills the plant'.

'Players have to look after themselves. You can't wear them out on the training pitch because that is what the games are for.

'And now there are 60 of them a season – twice as many as there were before.'

Italian boss Ancelotti's aim for Bayern this season is to win the Champions League

Ancelotti's aim for Bayern this season is to win the Champions League. He said: 'The club has won the last four Bundesligas.

'We just need a little more in the Champions League. We need to arrive to the latter stages in good shape.

'We have now gone out at the semi-final stage for the last three times.'

Asked what teams he believed might stand in Bayern's way he only picked one English side.