'No problem' if Real Madrid replace me: Ancelotti
The Italian oversaw a 2-1 home defeat with the Gunners progressing 5-1 on aggregate to the semi-finals.
Real Madrid suffered their 12th defeat of the season, by contrast to just two across the whole of the previous campaign.
"It could be that the club decide to change (coach), it could be this year -- or the next when my contract expires, there's no problem," Ancelotti told reporters.
"The day that I leave here I can only thank the club.
"It could be tomorrow, in 10 days, in a month or a year...