Pichichi winner Ronaldo had signalled his support for Ancelotti just a day before news came on Monday of his sacking, the Italian paying the price for a season without a major trophy.
“Great coach and amazing person. Hope we work together next season,” the Portugal forward wrote on Twitter alongside a photo of the pair.
After president Florentino Perez confirmed Ancelotti’s exit at a press conference, a string of players followed suit.
“Thanks for everything boss,” left back Marcelo wrote on the social media network. “You are really great.”
Germany midfielder Toni Kroos added: “Thank you boss. It was a pleasure to work with you. I wish you all the best for the future.”
Colombian international James Rodriguez also thanked Ancelotti, saying he had “learned a great deal in a short time” from the 55-year-old.
Ancelotti, who leaves the Bernabeu just a year after leading Real to a historic 10th European Cup triumph, posted his own note of thanks on Twitter, writing:??”I’d like to keep in mind this (sic) two fantastic years at Real Madrid. Thanks to the club, the supporters and my players.”
The former Chelsea manager is widely tipped to be replaced by Napoli’s Spanish boss Rafa Benitez.