Ancelotti could stay with PSG
Carlo Ancelotti admits there is a chance he could still be at Paris Saint-Germain next season but he first needs to "clarify things" with club president Nasser Al-Khelaifi.
Ancelotti has enjoyed a successful 17-month spell in the French capital, leading them to a runners-up finish in 2011/12 before lifting the league title this season.
And the 53-year-old admits he would be reluctant to leave PSG so soon.
"Of course there is a chance that I will stay," he told L'Equipe. "Today it is 50/50.
"I am settled here and I'm not a person who likes change.
"I was a little disappointed when I left Chelsea (in 2011). And if I leave Paris there will inevitably be sadness, that's normal.
"But in the meantime I want to clarify things (with the president). This applies to everything that has happened this season. A lot has gone on, some of it great, some not so great."
Ancelotti also played down the Madrid link, saying: "I have not met either Real Madrid's sporting director of the president."