Ancelotti was unveiled before the media at Stamford Bridge yesterday and immediately made it clear that club captain John Terry, subject of transfer interest from Manchester City, was not for sale at any price.

The Italian is determined to last longer than the seven-month tenure of previous boss Luiz Felipe Scolari who was sacked in February.

But Ancelotti claims the club, led by owner Roman Abramovich, have not suggested that the Champions League should be the main target in the coming season.

"For Chelsea it is important to win the Champions League but it is important to win the Premier League at the same time," said Ancelotti. "We have to do the maximum we can in all competitions."

Ancelotti confirmed Yuri Zhirkov's signing from CSKA Moscow and stressed that Terry was going nowhere.

Chelsea have already rejected one bid from Manchester City and will rebuff any further attempts to prise him from the club.

"John Terry is a symbol of this team," said Ancelotti. "He will be captain next season. He said he wants to stay forever and we want to keep him forever.

"Now there is a question of Manchester City, but for Terry (there is) no price. Terry will be at Chelsea forever.

"He said he wants to stay, there is no problem, for him, for us, the story continues - Chelsea and Terry.

"I like to have a captain like Terry, he is very close to (Paulo) Maldini for professionalism, for quality and he will be the best captain for Chelsea.

"I spoke with Terry a month ago when I came to the club and he said welcome. And after he went on holiday.

"I will speak with him because he is the captain and I want a good relationship with the captain."

Zhirkov is understood to have signed a three-year contract with the option for a further 12 months.

Chelsea are believed to have paid around £18million for the 25-year-old Russian left-back.

Zhirkov has played 28 times for Russia and came to prominence during Euro 2008 when the national side reached the semi-finals.

Ancelotti also spoke of Andriy Shevchenko's future. The player is to return to the club for pre-season training on July 9.

The striker spent last season on loan to AC Milan and looks certain to serve the final year of his contract out at Stamford Bridge.

"Shevchenko is a Chelsea player and I want to speak with him," said Ancelotti.

"Shevchenko will come to London on July 9 and will work with us in pre-season and at this moment we will speak with him to find the right solution for us."

Ancelotti stressed that Chelsea were in no hurry to sign more players, preferring to wait for a chance to get the right player at the right price.

"We keep control of the market and we are not in a hurry," said Ancelotti. "The market closes on August 31 and if there is a good opportunity for us we can do it. If not, we still have a great team."