Zinedine Zidane's position as Real Madrid manager is reportedly not under threat despite Wednesday's shock Copa del Rey elimination to third-tier outfit Alcoyano.

Madrid suffered a 2-1 loss to Athletic Bilbao in the semi-finals of the Spanish Super Cup on January 14 before going down to 10-man Alcoyano after extra time.

Los Blancos have also recently been held by Elche and Osasuna in La Liga, meaning that they have only won one of their last five matches in all competitions.

Madrid are second in La Liga but sit four points behind leaders Atletico Madrid, who have two games in hand, placing Diego Simeone's side in a strong position in Spain's top flight.

However, according to Goal, Zidane still has the full support of the club's board and is not under any serious pressure despite two disappointing results in quick succession.

The reigning Spanish champions will be looking to return to winning ways when they travel to struggling Alaves in the league on Saturday night.