Jese suffered the injury early in Tuesday’s 3-1 win over Schalke and Ancelotti confirmed at his post-match press conference that the young forward would miss the rest of the season.
“We’ve been unlucky with Jese’s injury. We can confirm it’s a cruciate ligament injury and his season is over,” Ancelotti said.
“He had been doing very well for his first season in the first team.
“The same thing happened to me at the same age and I still had a career. I came back.
“Even after this injury I’m sure he will remain important to Madrid. We’ll wait and see but good luck to him.”
Ancelotti added that lengthy injury lay-offs are a part of the game but conceded Madrid will miss Jese for the final third of the season.
“These things happen in football and we have to know how to deal with them,” the Italian said.
“We have to be positive. We’ve lost someone important. He’s given us a lot this season, especially when Cristiano Ronaldo hasn’t been available.
“There are things though that can happen in a career.”
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