Real Madrid may not be able to field Benzema yet, but without Benzema in the squad will not make Real Madrid's performance weak.
I saw in the Real Madrid squad lineup in today's match, Karim Benzema was introduced as the main player. But the lineup hasn't been closed yet, there is still 5 minutes left before the match for a lineup change. We look back a bit on the world cup related to Karim Benzema. During the world cup, Karim Benzema was on full leave with a statement that he was injured, but if he arrives at Real Madrid he can play, of course the question is what's wrong with the French squad. Real Madrid does have many strikers who can replace Karim Benzema against Real Valladolid. But Karim Benzema can be key in every match. With the presence of Karim Benzema, Federico Valverde can move freely on the right side.
Modric and Tchouameni were rested for this game, Kroos was placed in the middle and flanked by Cebalos who stepped up to the position of attacking midfielder with Valverde. I also like seeing Asesncio there because it's a good thing for him not to leave given the chance to play.
I think it's still good enough for Madrid now even though some players have been tried for new positions and some have been rested but this is still a pretty good thing I think.