Chelsea boss Carlo Ancelotti said the club could still enjoy their best-ever campaign, despite their poor form.
The Champions League is the only trophy the Blues can realistically win this season following their FA Cup exit and slide to fifth in the Premier League.
"Maybe it could be the best season that we can ever have a memory of. Maybe it could be the worst. I don't know," Italian Ancelotti stated.
"But wait, wait. Chelsea has not died. It's still alive."
Chelsea go into Tuesday's last-16 first-leg Champions League game against Danish league leaders Copenhagen with owner Roman Abramovich seeking his first European title since he bought the club in 2003.
But the Blues are struggling to qualify for next season's competition - they are two points behind fourth-place Tottenham Hotspur, four adrift of Manchester City in third while second-place Arsenal are eight better off and leaders Manchester United are 12 clear.
And should the men from Stamford Bridge fail to reach the European club game's most prestigious competition next season, Ancelotti has admitted that it would be the worst campaign since Russian Abramovich's takeover.
However, the Chelsea manager - who won the Champions League with AC Milan in 2007 and led the Rossoneri to fourth place in Serie A that season, despite the club being docked eight points in the Italian match-fixing scandal - has said he can cope with the pressure.
"A lot of times, I've been able to manage this moment. I want to remind you in 2007 it was the same situation and the Italian journalists know this," added Ancelotti, who saw Everton beat his men 4-3 on penalties in their FA Cup fourth-round replay on Saturday.
"The Champions League is the most important competition. We're involved this season more compared with the other competitions.
"To be under pressure, this means to be focused and try to do our best in this competition, to try to win.
"We have to think game by game and move on from this stage. It will not be easy because Copenhagen are a very good team with great organisation.
"We have to pay attention and play 180 minutes, not just 90. We have to prepare well for both games."
Chelsea captain John Terry has insisted the players remained completely behind Ancelotti and has ordered them to "man up".
"The players are 100% behind the manager," Terry stressed. "He's got total confidence in us, and that will remain the same. We believe in the manager and the players.
"It's been difficult, because at times we have shown our quality. But we are where we are - we have to deal with that. We have to man up a little bit as a group of players and take responsibility.
"It would be disastrous for the football club if we don't qualify for the Champions League. It's even hard to get my head around it now."
He added: "That's what we've still got at the football club, hunger and desire.
"We missed out on the Premier League for three years when Man United won it, and it hurt.
"That's what I lose sleep over, watching other teams lift trophies, because I want to be the one lifting trophies for this football club."
But Copenhagen's players are confident of piling on the misery for Chelsea at the Parken Stadion.
The Danes have never lost at home in the Champions League, beating the likes of Celtic and Manchester United in recent years as well as drawing with Barcelona earlier this season.
Although they have not played a competitive match since their final Champions League Group game more than two months ago and are the lowest-ranked team left in the competition, they appear far from overawed about a game being billed in Denmark as the biggest in the club's history.
"Since 10 January, we have been preparing for this game and this game only," coach Stale Solbakken stated.
"Maybe we haven't had the opposition we've needed to be at our best level, but the players are in good shape and confident.
"Some of my players are so daft that they think they're a better side than Chelsea. Maybe I should be talking them down a bit.
"Some have only lost one or two games playing in this side, so they think it's easy. Confidence is very high in the team."
Credit: BBC
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