The Italian is reportedly set to leave the Parc Des Princes at the end of the season and has been linked with a move to the Bernabeu, where Jose Mourinho is widely expected to leave following a largely unsuccessful campaign.

However, Ancelotti refused to be drawn on the speculation and insisted Madrid have yet to make an offer for his services.
"I don't have to say yes or no (to the Real Madrid coaching job) because I haven't received any proposal," he said. 
"I've still got one year on my contract with PSG and, as I said, we decided to meet up at the end of the season."
Another figure who is apparently unsettled in the French capital is star striker Zlatan Ibrahimovic, the Swede has scored 32 goals for PSG this season but is another said to be considering his future with the club.
However, Ancelotti does not believe that is the case and praised the 31-year-old's motivation.
"He (Ibrahimovic) doesn't seem unsettled to me,"Ancelotti said. "He's really motivated, happy. He's scored many goals. I think he's very calm."
PSG laboured to a 1-1 draw with Valenciennes on Sunday, defender Alex earning a point for the Ligue 1 leaders after Gael Danic had given the visitors the lead and Thiago Silva was controversially sent-off. 
Ancelotti's men are still seven points clear of Marseille and will clinch their first league title since 1994 with a win at Lyon this weekend.