On paper it looks bad but just heard the interview and to be fair to him he did seem to have his tongue firmly in his cheek and was chuckling slightly.
The problem with Allardyce is that he has a pretty low IQ, and like most thick people he is too thick to work out that he is thick
Saying that you could win the league with Real is a bit like saying you could make cheese on toast if you had some cheese and some toast.
He's funnier than the Big Sam on Twitter with comments like that!