The former Chelsea boss has been linked with both Arsenal and Italy, but a representative of the latter has denied that he is in talks to take charge
Alessandro Costacurta has confirmed holding talks with Carlo Ancelotti but insists they did not discuss the prospect of him taking over as Italy coach.
It was reported early on Tuesday that Italian Football Federation commissioner Roberto Fabbricini, along with vice-commissioner Costacurta, spoke with Ancelotti at a Rome hotel.
The former Real Madrid and Bayern Munich boss has been linked with replacing Arsene Wenger at Arsenal as well as taking over the Italy national team, who have been led by interim coach Luigi Di Biagio since February.