Jose Mourinho claimed he does not fear for his job, whilst Manuel Pellegrini admitted his side’s win was ‘amazing’.
Los Blancos were downed by the Andalusian side 3-2 at La Rosaleda to leave them 16 points behind Barcelona at the top of La Liga.
But the Portuguese Coach has hit out at questions that he could be sacked and also revealed the reason behind leaving captain Iker Casillas on the bench.
“I do not fear for my job,” he told a Press conference. “This is football. Everyone knows that people have short memories in this game.
“The players tried here and they tried against Espanyol, but we have no luck.
“The players feel sad and empty in the dressing room. Our motivation now is not to make up the distance to Barcelona, but to take personal pride in what it means to play for Madrid.
“This season the distance [to Barcelona] is insurmountable. But we have to take responsibility for our own performances.
“[Leaving Casillas out] was purely a technical decision. I analysed the situation and chose the team.
“You can try and invent whatever you want, but it was a purely technical decision.”
Pellegrini meanwhile conceded the win was the perfect way to round off 2012.
“It's really important for us to enjoy this moment, rounding off a fantastic year,” he told a Press conference.
“We're now looking ahead to the second part of the season.
“The holidays are a great time for us to recharge our batteries and regain our physical and mental strength.
“We've worked extremely hard, and that shows on the pitch. It's an absolute joy to end the year on such a high.
“It's been a fantastic 12 months. It really is an amazing victory for us.”