Real Madrid coach Carlo Ancelotti on Wednesday met with club CEO José Ángel Sanchez to discuss the state of the team following their 5-2 Supercopa loss to Barcelona this past weekend, a source told ESPN.

Real Madrid's head coach Carlo Ancelotti was reportedly called to attend an "urgent meeting" with the club's higher ups on Wednesday morning.

Real Madrid face a second reset of the season after a second thumping at the hands of their most bitter rivals in Barcelona. If Carlo Ancelotti has anything to do with it, the Clasico will have

After losing 5-2 in the Spanish Super Cup final on Sunday in Saudi Arabia, Madrid has a run of three home games over seven days. The home run begins on Thursday against Celta Vigo in the Copa del Rey last 16. Las Palmas visits on Sunday in La Liga then Salzburg on Jan. 22 in the Champions League.

Barcelona won the Spanish Super Cup in resounding fashion on Sunday, defeating rivals Real Madrid 5-2 in the first edition of El Clasico in the new year. Kylian Mbappe gave Real Madrid the lead just five minutes in but Barcelona played well throughout the first half and were rewarded for their hard work.