It will not be that interesting if Real Madrid leaves UCL in this early stage, but don't you think that it would be good news for other clubs because the mighty has fallen. However, I don't think that it will be possible for Real Madrid not to qualify into the next round, because I believe Ancelotti will take this match very serious and his players very personal. When it comes to very important matches like this, Real Madrid knows how to smuggle their way out to victory. But the problem now is that will Liverpool fold their arms and accept defeat at home.
I doubt if Real Madrid will resign to fate in the group stage because if they are not able to advance further, it's gonna kill their morale even in their league games such that the season will just become a very big disaster for them and it might affect them till next season. Madrid is a big club with lots of big players so it will be very shameful for them not to qualify for the next stages. Ancelotti is a professional coach and i believe he knows what he's doing and Real Madrid is a team that you can't completely say they are not in form because when you are about to think they are not in form, that's when they pull surprises. The challenges they're facing currently is as a result of the injuries they they are faced with but i trust Ancelotti to apply the right techniques that will make the team become stronger again. Liverpool is in a very good look now but they can still bow to Madrid and get defeated.