Throughout 2023, there has been a great deal of speculation around Carlo Ancelotti's future at Real Madrid. This is due to the Brazilian FA's strong interest in appointing him as the Selecao Canarinha's new head coach.

Although appearing to downplay the idea when asked about it earlier this week, Ancelotti has reportedly agreed to take over as Brazil's head coach when his Real Madrid contract expires next summer.

Ancelotti's commitment to Real Madrid is unquestionable, and it was highlighted when he declined the opportunity to coach in Saudi Arabia.

According to reports, a PIF representative called Ancelotti and offered him the role of head coach of a Saudi club in exchange for a sizable sum of money. The PIF owns four of the major clubs in Saudi Arabia, including Cristiano Ronaldo's Al-Nassr. The Italian, though, rejected the proposal.

Given that Ancelotti's contract expires in a year, speculation about his future is certain to dominate the upcoming season. However, he will focus exclusively on Real Madrid's efforts to have a great season.