Kick-off is imminent.

And at the break Carlo Ancelotti has used up his remaining two substitutes with Marcelo and Dani Carvajal on for Alvaro Arbeloa and Fabio Coentrao.

So as it stands Barcelona are laughing. Luis Enrique's side - on course for a treble by the way - are five points clear of Real with two games left.

Are Real bottling this? They've fallen seriously foul of lady luck tonight but the form book suggests this should be Barca's title.

In Real's six games against the Spanish top four this season, they've won just once, against Barca at the Bernabeu.

Shohidur Rahman: Ronaldo's penalty miss was definitely Bale's fault...

Dan Brown: If Bale hadn't won that penalty there's no way Ronaldo would have missed it.

Harrison: Players that received all the stick when their team loses: Cesc Fabregas for Barca, Gareth Bale for Madrid, Jon Obi Mikel for Chelsea.

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It's all kicking off in Madrid. What a first half.

Valencia with two killer punches to take a lead deserved for their dogged, adventurous performance so far.

Real have had none of the luck though - they've hit the woodwork, what, five times? Throw in a Cristiano Ronaldo missed penalty and you're talking lottery-winning odds.

Was that in the right spot for a goalkeeper? Well sort of, yeah. But Ronaldo absolutely thumped it, it's a great stop from Alves.

Image source, Getty Images

And Cristiano Ronaldo is denied! Diego Alves dives low to his left and stops it. What a moment, on the stroke of half-time.

Gareth Bale takes a tumble in the box and the referee points to the spot. Jose Luis Gaya is the guilty man, but it looks soft.

Ronaldo is in the thick of it though, naturally. He and about half of the stadium want a penalty as the Portuguese is beaten to a Gareth Bale cut-back by three Valencia players, each launched themselves desperately at the ball.

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Who's it to be then? Cristiano Ronaldo?

Asier Illarramendi flashes a volley from the outside of the box. Paul Scholes-esque.

Just under five minutes to go before half-time. There must be more goals in this surely. But before the break?

Gareth Bale skips into an acre of space cutting back on the right-wing, his cross forces a corner and Sergio Ramos should do better as the ball drops.

This really is getting ridiculous. Javier Hernandez is the latest Real player to be denied by the post.

Should he score? Gareth Bale puts it on a plate with him after an incisive one-two, but the Mexican's shot was scuffed. It bobbles back off the upright.

Gareth Williams: What's the betting Gareth Bale gets the blame for this if Madrid lose?!

JavelBleach: Real losing 2-0 to Valencia! And in other news, Zidane now has all his coaching badges.

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Javier Hernandez gets the biggest cheer of the night so far - the Mexican closes down a Diego Alves kick but the ball loops back to a Valencia man.

You can't say Real have been poor. Valencia have been brilliant so far.

What's all the commotion lads? A score of players collapse over each other in the aftermath of a Real corner - at one stage there's six down in the Valencia box.

The referee's verdict? Free-kick to the away side.

Sergio Ramos is far more comfortable in central defence but Real could do with an extra man in midfield here. Valencia are sitting very deep indeed.

Real are quick in their movement - Cristiano Ronaldo overlapping with James Rodriguez - but there's plenty back to cover.

Gareth Bale is at the centre of everything here. Full of energy, he is called out by the referee for a clumsy challenge searching for a loose ball.

Daniel Parejo is down, earning a bit of a breather for his team.

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Here's Gareth - the Welshman launches a fiercely swerving left-foot shot which is clawed away by a panic-stricken Diego Alves. Bale's stunning strike matched only by the quality of the save.

First things first though, Real need to get a hold of the ball. At the moment Valencia are content to let them have it in front of them - but any sign of a loose pass and the away side pounce on the counter.

It's absorbing stuff. Where is Carlo Ancelotti going to get three goals from?

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Wow. The home fans are stunned by this. Two killer punches from Valencia are threatening to derail Real's title push.

They need a response now. Where are you Cristiano, Gareth?

Image source, Getty Images

Pepe - why are you so deep? The Portuguese plays Javi Fuego onside as the defensive midfielder nods home, back to goal, to double Valencia's lead from a free-kick. Sensational!