Real are 14 points off runaway La Liga leaders Barcelona, who have played a game less, following Tuesday’s 1-0 defeat to Espanyol.
But Raul is adamant the right man is in place to lead the reigning Spanish and European champions.
“(He’s) amazing,” said Raul, who was speaking in his role as a Laureus ambassador.
“He’s two years in front of the team, he won two Champions Leagues, one league, a lot of trophies.
“He’s the best coach for Real Madrid and we want to continue in the future.”
Check out the video above to hear from more from the 40-year-old Spaniard.
The footballing legend, who has won a record-equalling five Ballon d’Ors, has admitted he has no more dreams to achieve following a star-studded life in the game.
Aged 33, Ronaldo is still at the peak of his powers but is content having won five league titles, four Champions Leagues and Euro 2016 among a catalogue of team and individual awards.
“I never dreamed I would win five Ballon d’Or awards. If I had to finish my career now I would do so super happy. I have won everything,” Ronaldo told Brazilian YouTube channel Central Desimpedidos.
“If I win another one, two or three Ballon d’Ors then I will be delighted but if not I already won five.”
Pressed as to whether he had any more dreams in the sport, Ronaldo replied: “Sincerely I don’t think I have any.
“I achieved everything I dreamed of in football. I really think I have achieved so many nice things that I don’t have any more dreams.
“But if you ask me if I want to keep winning of course I do. Obviously I would love to win the World Cup. But if my career ended now I would be very proud. I never thought my career was going to be so nice.”
A much-changed Los Blancos, with Cristiano Ronaldo left out of the squad by Zidane, looked to have done enoughto labour to a share of the points.However, with more than two minutes of added time played, Espanyol broke clear and Gerard Moreno crashed the ball past Keylor Navas to give the Barcelona club a first win over Real Madrid since 2007.
Defeat leaves Real Madrid in third place, 14 points behind leaders Barcelona, who have a game in hand, and two ahead of Valencia having played one match more.
Espanyol’s victory ended the visitors’ seven-match unbeaten run, which had seen them pick up six victories and score 30 goals.
“We made a bright start and had some chances to score, but our second-half display was worse than the opening 45 minutes. We didn’t manage to play at all or offer any sort of threat in the second half, although we didn’t deserve to lose the game,” Zidane said at a press conference, quoted on the club’s official website.
“Espanyol created few chances. It’s a defeat that hurts and it’s a poor result. I feel sorry for the players.”
Zidane, though, did accept his much-changed team, which had captain Sergio Ramos back following suspension, “were lacking a little bit in all departments”.
The French coach continued: “At times, there’s no understanding football. We dropped further back for some spells in the second half, but you’ve got to accept these tough times.
“At no point in the second half did we do well. After five good results, today we didn’t manage to extend the run.”
Zidane also refused to be drawn on what impact Neymar’s foot injury would have on the second leg of their Champions League tie against Paris St Germain.
“I don’t know what will happen. We have to wait and see,” the Real Madrid coach added.
“We know that he’s picked up an injury and we do not know if he will be ready for the match against us or not.”
— Real Madrid C.F.🇺🇸🇬🇧 (@realmadriden) February 27, 2018
Quique Sanchez Flores’ men had drawn their last four matches to slip into the bottom six.
The Espanyol coach hopes his side can now use this result to build some upward momentum.
“We played with strength, energy, balance and when we find the things that made us grow last year, we improve,” Flores said, quoted on the club’s official website.
“As a team we needed a victory like that, against a good rival.
“It will help us to believe in ourselves and we will do well for the future.”