The Santiago Bernabeu club could only manage a 3-3 draw at home against City in the quarter final first leg of the Champions League.
However, Valverde believes they have the pedigree to go to City and win the second leg.
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Asked about City's great home record, Valverde stated, There's always a first time.
You always have to believe, to have conviction, us especially. We are the first to believe it can be done.
We have to work hard, every player has to give everything in every ball and if we all pull in the same direction I think we can do it.
It's very even. We're two of the best in the Champions League. They have that plus of playing at home, but we're going to fight, as we always do.
We have lots of players who have won five Champions Leagues. We have to make that count."