Real Madrid [Images] coach Vanderlei Luxemburgo admitted he was disappointed by his side's shock exit from the King's Cup at the hands of second division Valladolid.

"Football is like this sometimes, we are all very sad but we have to pick ourselves up and get on with our job because the season goes on," the Brazilian told repoters after his side were dumped out of the Cup on the away goals rule on Wednesday.

"I'm not happy about going out of any competition but the positive side is that the calendar is now a little less congested and we will have more time to prepare for our league and Champions League matches."

After a goalless draw in the first leg, Real looked on course to book their place in the last eight when Michael Owen [Images] put them ahead midway through the second half.

The visitors refused to fold and striker Xavi More grabbed the all-important away goal 12 minutes from time to put the second division side through to the next round.

Like Luxemburgo, defender Roberto Carlos [Images] tried to take something positive from Real's premature exit from the competition.

"We are all upset about going out but we are still in two competitions," said the Brazilian international. "We played badly in the first half but we improved in the second and we can play better than this.

"I still believe we can win the league and get to the final of the Champions League."

Real are in second place in the Primera Liga, seven points behind arch-rivals Barcelona at the halfway stage in the season. They will meet Juventus in the last 16 of the Champions League next month.

Valladolid coach Sergio Kresic denied that his side's victory over the nine-times European champions had come as a surprise.

"You can't describe this as a miracle," said the Croatian boss. "We played a great game and never lost our nerve even after the Owen goal. This win will really lift our spirits for our upcoming games."

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