Sergio Ramos has insisted that Real Madrid will bounce back from their elimination in the semi-finals of the Champions League.

The Spanish outfit drew 1-1 with Juventus in the second leg of their semi-final on Wednesday, but were beaten 3-2 on aggregate.

Ramos has paid tribute to Juve following the match and claimed that the Italian side "deserve credit" for their triumph.

"It's difficult to lose a Champions League tie at this stage, this team is always fighting to improve and to win titles. We were the favourites to win the trophy, but there's no use speculating, and Juve deserve credit. We drew but they did things better, we had the opportunity to increase our advantage and we didn't take it," Ramos told UEFA.com.

"After Alvaro Morata's goal the team sat back and after that they played well and created various clear chances. The defeats and errors should help us improve. This is what football is like, defeats teach you a lot, and if you don't take your chances, you go out."

Real Madrid were attempting to become the first team in the modern era to successfully defend the Champions League.