The winners of the tie will face Real Sociedad or Athletic Bilbao in the final. Real Sociedad hold a 1-0 advantage ahead of their second leg in San Sebastian on March 4.
Barcelona came within a whisker of an improbable comeback after last month's thrashing, with 18-year-old midfielder Marc Bernal, starting in place of the injured Frenkie De Jong, scoring in each half and Raphinha converting a penalty after Pedri was fouled.
'We've hit rock bottom; we've been knocked out by a second division team.'
The 42-year-old Arbeloa inherits a side trailing Barcelona by four points in LaLiga and reeling from a 3-2 defeat in Sunday's Spanish Super Cup final.
Albacete's journeyman striker Jefte Betancor, who scored a stunning double on Wednesday to help his second-tier side knock Real Madrid out of the Copa del Rey, once considered swapping football for a career as an electrician.
Barcelona stay on course to defend their Copa del Rey title with a 2-1 win over Albacete.
A Jules Kounde goal in the dying minutes of extra-time handed Barcelona a dramatic 3-2 win over fierce rivals Real Madrid in an enthralling Copa del Rey final on Saturday.
Adrien Rabiot scored two goals as AC Milan came from behind to earn a 3-1 victory at Como on Thursday.
Kylian Mbappe criticised Real Madrid's lack of hunger and consistency after their 4-2 Champions League loss to Benfica, saying champions must show desire every time as Real slipped into the playoffs.
Barcelona outclassed Mallorca 3-0 at home on Saturday to increase their lead at the top of the LaLiga standings.
Real parted ways with Alonso a little more than seven months after appointing him, following a poor run of results in all competitions.
Barcelona missed the chance to reclaim the LaLiga summit after suffering a 2-1 derby defeat to Girona, who roared back in the second half to leave Real Madrid top of the table.
'The only thing I can do is on the pitch -- to give my all. I won't always be technically perfect, but I will always give 100% for the team.'
Christensen, Rashford on target as Barcelona beat Guadalajara in Copa del Rey
Real Madrid ended a turbulent week with a 2-0 LaLiga win over lowly Levante on Saturday courtesy of second-half goals from Kylian Mbappe and Raul Asencio.
Mbappe chasing Ronaldo record as Real Madrid host Celta
Mukesh Nelavalli won the men's 25m pistol gold, while Tejaswani Singh clinched silver in the women's category in the same event
Barcelona's electric 18-year-old winger Lamine Yamal has been handed the famous number 10 shirt previously worn by club icon Lionel Messi.
Lionel Messi became Barca's record appearance maker in the competition with 76 Copa matches.
Xabi Alonso has signed a three-year contract until June 2028 and the 43-year-old replaces Carlo Ancelotti, who took charge of his last game on Saturday.
Rediff.com gives you a glimpse of the jubilant Catalan team...
He is the youngest player to debut and score for Spain and in LaLiga, the Champions League and the Euros. He also holds the records for youngest player in a Clasico and youngest scorer in both the Super Cup and Copa del Rey.
Barca, who had a rather disappointing season, managed to restore some pride with victory over last season's second division champions in what was the final match to be played at Atletico Madrid's Vicente Calderon Stadium.
Barcelona beat Atletico to set up cup final against Real Madrid
Xavi Hernandez and Pep Guardiola's applications were not genuine: AIFF
Rashford, one of Europe's top talents before falling out of favour at United and spending the latter part of last season on loan at Aston Villa, joins a stellar attacking cast featuring Robert Lewandowski, Raphinha, Dani Olmo and Ferran Torres.
Xavi, it is learnt, "sent an email from his own account" to apply for the post.
Atletico Madrid earned a 1-1 draw away to Girona in a chaotic and entertaining Copa del Rey last 16 first-leg match on Wednesday, leaving the tie finely balanced.
Lewandowski is the leading scorer in LaLiga this season with 25 goals, three more than Real Madrid's Kylian Mbappe.
Bournemouth defender Dean Huijsen will join Real Madrid from June 1 after signing a deal with the Spanish side until 2030.
From their glory days at Barcelona to reuniting at Inter Miami, Lionel Messi and Luis Suarez have now brought their enduring partnership into a new chapter, co-founding Deportivo LSM, a club set to compete in professional Uruguayan football.
Barcelona players celebrated the club's 28th LaLiga title with thousands of fans in an open-bus victory parade on Friday, but coach Hansi Flick was quick to remind them that the season was not over.
'Did I leave too soon? No, my story was over, it had to end. There was no bitterness, I'd reached the end of my tether.'
'Bellingham had a bruise from a knock and will not be available. Vinicius Jr. has been given an extra day to recover, but will be available for tomorrow.'
Real booked their place in the final when substitute Arda Guler lifted a corner to Ruediger, who headed the equaliser that put Real Madrid through on aggregate.
Real were left with 10 men before halftime when Mbappe saw a straight red after taking down Alaves midfielder Antonio Blanco as the referee overturned his initial decision of booking him with a yellow after consulting with VAR.
Real outclass Majorca, to meet Barca in Super Cup final
"Playing with Barcelona is special. It will be the last 'El Clasico' of the season because Barca are not in the Club World Cup."
Real Madrid delivered manager Carlo Ancelotti and midfielder Luka Modric a victory in their final game at the Santiago Bernabeu on Saturday, with Kylian Mbappe scoring twice in a 2-0 win over Real Sociedad to end their LaLiga season.
Real Madrid manager Carlo Ancelotti said that he understands the club fans booying him and his team in their 5-2 win over Celta Vigo.